Jim Cramer’s Game Plan: Top 14 Stocks to Watch

3. General Motors Company (NYSE:GM)

Number of Hedge Fund Holders: 64

Cramer commented on the well-known global automotive manufacturer, General Motors Company (NYSE:GM), as he said:

“Tuesday morning, we hear from General Motors, which delivers usual great numbers and after a nice opening, it will drift down and remain one of the cheapest stocks of the S&P because, in the end, it sells cars and the market only has eyes for one automaker, Tesla and that’s got nothing to do with the car business.”

Today, General Motors (NYSE:GM) reported strong financial performance for the full year 2024, posting a net income attributable to shareholders of $6.0 billion and EBIT-adjusted of $14.9 billion. For the fourth quarter, the company achieved operating profits of $2.5 billion and adjusted EPS of $1.92, which was a 55% increase compared to the previous year and exceeded analyst expectations.

The company also saw an 11% increase in quarterly revenue, reaching $47.7 billion, surpassing estimates. In General Motors’ (NYSE:GM) Q4 2024 shareholders’ letter, CEO Mary T. Barra highlighted the significant growth GM achieved throughout the year. The company’s full-year revenue grew by 9%, and GM led the U.S. market in total, retail, and fleet deliveries. GM also expanded its market share while effectively distancing itself from industry pressures related to pricing, incentives, and inventory.