How To Buy General Motors Stock

You can buy General motors shares with one of the brokers below depending on the type of trading you wish to conduct. You can buy General motors shares with a broker like eToro or you can trade General motors CFDs with XTB you can begin trading General motors shares right away.

If you are buying shares in UK or Europe eToro offer 0% free commission on stocks. This is a big eToro selling point.

when a client buys General motors stock at 1x leverage with eToro its completely free and they are buying the underlying stock. Also with eToro, clients can buy fractional shares – Min deposit is $200, but $50 is the minimum trade on stocks. eToro are one of the cheapest places to buy stocks.

Broker eToro XTB Plus500 FXPrimus Trading212 AvaTrade
Rating
Used By 12,000,000+ 250,000+ 15,500+ 10,000+ 14,000,000+ 200,000+
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Scroll down to read our indepth article on How To Buy General Motors Stock. What you should know, Types of trading General motors Stock and CFD's. Pros and Cons, everything is explained below.

How To Buy General Motors Stock Table of Contents

General motors Financial Details

Financial Details

General motors Stock symbol GM
General motors Sector and Industry Consumer Discretionary Automotive
General motors Exchange NYSE - New York Stock Exchange
52 Week High $41.9
52 Week Low $32.97
General motors Market Capitalisation $47,635,625,438.00
General motors Average Volume 8,936,084.00
General motors PE 5.44
General motors EPS 6.14
Stock Currency USD

Overview of General motors

General Motors Company designs, builds, and sells cars, trucks, crossovers, and automobile parts. The Company offers vehicle protection, parts, accessories, maintenance, satellite radio, and automotive financing services. General Motors provides its vehicles and services worldwide.

General motors is an American Consumer Discretionary Automotive company currently traded on the New York Stock Exchange (NYSE).

General motors trades under the stock symbol GM on the NYSE.

General motors shares are traded in USD.

General motors has a current share price of $33.34 USD dated 31/01/2020.

The highest General motors share price over the last 52 weeks was $41.9 USD and its lowest price over the last 52 weeks was $32.97 USD. That is a 52 week price range of $32.97 - $41.9.

General motors Trading Volume and PE

General motors currently has 1,428,784,000.00 active shares in circulation traded through the NYSE exchange.

General motors market capitalization is $47,635,625,438.00 with an average daily trading volume of 8,936,084.00 shares.

Trading volume is the amount a security that was traded during over a certain duration. When talking about shares volume refers to the number of shares that have been bought and sold during a given day.

General motors has a Price Earning Ratio ( PE ) of 5.44 and earning per share ( EPS ) of 6.14. Generally speaking General motors having a high P/E ratio means that General motors investors forsee increased growth with General motors in the future. The current average market P/E ratio is roughly 20 to 25 times earnings. Companies that are losing money do not have a P/E ratio.

General motors earnings per share is Disney company profit that's allocated to every General motors common stock. Earnings per share is calculated by taking the difference between General motors's net earnings and dividends paid for preferred stock and then dividing that amount by the average amount of General motors shares outstanding.

General motors Financial Charts

Financial Details

General motors Information

General motors Location & Contact Information

Address 300 Renaissance Center Detroit, MI 48243 United States
Phone Number 1-313-667-1500
Website URL www.gm.com

General motors Executives and Board Members

Chairman/CEO Mary T Barra
President Mark L Reuss
Chief Compliance Ofcr/Deputy General Cnsl Ann N Cathcart Chaplin
General motors Board Member Mary T Barra
General motors Board Member Theodore M Solso
General motors Board Member Thomas Michael Schoewe

How To Buy General Motors Stock Guide

Buying General motors Stocks and CFDs

When investing in General motors you have several options as to what type of investment you wish to conduct. You can buy traditional General motors shares with one of our listed brokers or you can trade what is known as CFDs or contracts for difference.

We explain in detail the difference between buying General motors shares with stock brokers and trading General motors with CFDs below.

General motors CFD Trading vs Traditional Share Dealing

CFD trading is quite much like stock trading except when you exchange a CFD you do not actually own any General motors stock.

If you buy General motors shares with a stock broker you actually own a share of General motors. When you trade a contract for difference (CFD) you have an agreement with your CFD broker and are speculating that the General motors price will change up or down.

Lets explain why you would buy General motors as a CFD instead of as a share.

If you went and brought 100 General motors shares at $100 a share with a stock broker you own $1000 of General motors.

The main difference when trading General motors as a CFD and buying General motors as a share is contracts for difference offer increased leverage.

Contracts for difference are traded on margin which means to have $1000 invested in General motors you would not need to invest the full amount as you would with a stock broker. You could invest a fraction of the amount ( known as the CFD margin ) with a CFD to hold a similar position in General motors. Trading an General motors CFD allows investors to hold larger positions than their invested amount. Be aware that although investing in an General motors CFD like this amplifies any potential profit. It always exaggerates your potential losses which may exceed your amount invested.

If you invested in an General motors share with a stock broker you would only lose the amount you invested as you pay the total cost of your position to your broker upfront. There is no leverage.

What CFDs allow you to do is profit from both the rise and fall in the General motors share price. An General motors CFD long would be hoping to profit from a rise in the General motors share price. An General motors CFD short would be aiming to profit from a fall in the General motors stock price. Trading CFDs allows traders to profit from both directions of the General motors price on the financial exchange. Giving traders greater chance to move with the financial markets.

With traditional General motors shares you can only profit from a rise in the General motors stock price.

General motors CFD and Stock Market Times

When trading in traditional General motors shares you are limited to when the stock exchange is open. You can only buy and sell with your broker when the market is open.

With CFD trading you can deal 24/7 around the clock.

Buying General motors Shares with a Broker

Buying shares with a stock broker limits your risk to your initial investment as stock brokers require you to pay for the total amount of your investment. Stock brokers offer no leverage or loans when buying General motors stock. This limits your risk to your initial amount invested in General motors. You can only lose the amount invested with traditional General motors shares. Another benefit of buying General motors shares with a broker is that you may be eligible to receive General motors company dividends if applicable.

If you Invest in General motors via a CFD you have no shareholder privileges as you don't actually own any underlying assets in General motors. If you buy General motors stock with a broker you may receive shareholder perks and benefits. There are certain requirements to be eligible for some of these General motors benefits as in owning a certain amount of stock for a set period.

If you own shares in General motors you may be eligible to voting rights at General motors shareholder general meetings.

General motors Shares and CFDs and Tax

You should confirm with your local tax office but CFDs are free from stamp duty. When trading CFDs losses can be offset against profits when submitting your tax return.

Investment in General motors Stocks and shares are only exempt from tax if the General motors shares were brought through an ISA ( Individual Savings Accounts ) or SIPP ( Self Invested Personal Pensions ).

Should I trade General motors Stocks and Shares or General motors CFDs?

There are pros and cons to trading in both General motors Stocks and CFDs. Which is better depends on each investor and a few factors.

Investing in General motors stocks and shares is better suited for long term investments. Historically General motors shares provide better returns over the long term, usually a 10 year period.

General motors CFD trading is more suited to intra day and mid term traders. Wth intra day trading on an General motors share investors aim to profit on the fluctuating highs and lows of the General motors price throughout the day. Day trading as you can imagine focuses on profiting from the daily General motors stock price change.

CFD traders monitor live price movements by using real-time charts in an attempt to profit from live price movements.

Both types of trading have different benefits and risks. Make sure you have a good understanding of what you are doing before you invest.

With CFD trading as you can short or long an General motors stock you can hedge a trade against another trade.

A hedge is an investment that protects the money you have invested from risk. Traders hedge to minimize or offset a loss in value of an General motors share price for example to a known amount.

Example Cost of Buying General motors as a CFD Trade and Shares Side by Side

*All values below are estimates and are for illustrative purposes only. Please visit a broker for correct prices.

CFD and Share deals differ from broker to broker so check you are aware of the actual costs with your brokers.

General motors CFD trade example General motors Share deal example
Market price $33.34 $33.34
Broker Deal Invest $6.668 at 1:5 Margin (20%) Buy at $33.34 a share
Deal size 100 shares 100 shares
Initial outlay

$666.8

(Margin = exposure x 20% margin factor)

$3334

(100 shares at $33.34)
Stamp duty No £20
Close price Sell at $40.008 Sell at $40.008
Estimated Profit

(6.668 point increase x 100 shares = $666.8)

*Not including commission fees and taxes

($4000.8 - $3334 = $666.8)

*Not including commission fees and taxes
Trade General motors CFDs now with XTB Trade General motors Shares now with Etoro

Our team have listed brokers that match your criteria for you below. All brokerage data has been summarised into a comparison table. Scroll down.

Our brokerage comparison table below allows you to compare the below features for brokers offering General motors shares and CFDs.

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