5 Best Feminist Stocks to Invest In

2. General Motor Company (NYSE:GM)

Number of Hedge Fund Holders: 75  

CEO: Mary T. Barra

General Motor Company (NYSE:GM) designs, builds, and sells trucks, crossovers, cars, and automobile parts and accessories. It is one of the major feminist stocks to invest in. On October 11, General Motors announced that it is forming a new business unit, GM Energy, to offer solar panels, stationary battery packets, EV chargers, and other energy management products for businesses and homes. The company revealed that GM Energy will include Ultium Home and Ultium Commercial to create an ecosystem of energy management products and services.

On October 5, Morgan Stanley analyst Adam Jonas maintained an Equal Weight rating on General Motor Company (NYSE:GM) stock and lowered the price target to $30 from $42. 

At the end of the second quarter of 2022, 75 hedge funds in the database of Insider Monkey held stakes worth $3.4 billion in General Motor Company (NYSE:GM), compared to 76 in the preceding quarter worth $5.5 billion. 

In its Q1 2022 investor letter, Diamond Hill Capital, an asset management firm, highlighted a few stocks and General Motor Company (NYSE:GM) was one of them. Here is what the fund said:

“General Motor Company (NYSE:GM)—and the auto industry in general—continues to face headwinds related to supply chain disruptions and raw material cost inflation. In addition, uncertainty surrounding global energy markets due to inflation and the conflict in Ukraine has created a greater economic burden on consumers, which tends to slow automotive sales.”