Barron's believes that General Motor Company's (NYSE:GM) shares are currently undervalued by 40%. The company shares can rally on the back of increase in the shares of Delphi Automotive PLC (NYSE:DLPH), which was formally owned by General Motors. The stock of Delphi has surged by 19.66% year-to-date (YTD) and closed at $87.02 on Friday.
Barron's believes that General Motor Company's (NYSE:GM) shares are currently undervalued by 40%. The company shares can rally on the back of increase in the shares of Delphi Automotive PLC (NYSE:DLPH), which was formally owned by General Motors. The stock of Delphi has surged by 19.66% year-to-date (YTD) and closed at $87.02 on Friday.
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