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General Motors (NYSE: GM) isn't the company it was a decade ago. It's a leader in the most lucrative segments of the auto business, trucks and SUVs, and is growing in both EVs and autonomy. With a valuation that's too good to pass up, this could be a rocket stock, which Travis Hoium highlights in this video.

*Stock prices used were end-of-day prices of Nov. 19, 2024. The video was published on Nov. 20, 2024.

Don’t miss this second chance at a potentially lucrative opportunity

Ever feel like you missed the boat in buying the most successful stocks? Then you’ll want to hear this.

On rare occasions, our expert team of analysts issues a “Double Down” stock recommendation for companies that they think are about to pop. If you’re worried you’ve already missed your chance to invest, now is the best time to buy before it’s too late. And the numbers speak for themselves:

• Nvidia: if you invested $1,000 when we doubled down in 2009, you’d have $363,386!*
• Apple: if you invested $1,000 when we doubled down in 2008, you’d have $43,183!*
• Netflix: if you invested $1,000 when we doubled down in 2004, you’d have $456,807!*

Right now, we’re issuing “Double Down” alerts for three incredible companies, and there may not be another chance like this anytime soon.

See 3 “Double Down” stocks »

*Stock Advisor returns as of November 18, 2024

Travis Hoium has positions in General Motors. The Motley Fool has positions in and recommends Tesla. 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.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.