Electric vehicle stocks have been the hottest part of the auto market for years, but that doesn’t mean that legacy automakers are in trouble. In fact, some legacy automakers are making billions in cash flow and buying back huge chunks of their own stock.

In this video, Travis Hoium covers one cheap auto stock that’s too good to pass up.

*Stock prices used were end-of-day prices of Feb. 10, 2024. The video was published on Feb. 12, 2024.

Should you invest $1,000 in General Motors right now?

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*Stock Advisor returns as of February 12, 2024

Travis Hoium has positions in General Motors. The Motley Fool has positions in and recommends Tesla and Uber Technologies. The Motley Fool recommends General Motors and recommends the following options: long January 2025 $25 calls on General Motors. The Motley Fool has a disclosure policy.