With a healthier balance sheet, General Motors seems to not only be showing early success — with the expectation of posting a full year of profit since 2004 — Morgan Stanley is forecasting the automaker’s net cash flow to skyrocket from $19 billion in 2010 to $71 billion in 2015. With all of that extra net cash, the investment company is going go out on a limb and is predicting that shares will one day reach as much as $100. This should create plenty of buy interest.
Source: Wall Street Pit
Comments
I’d be happy to see 44 dollars a share as mentioned earlier..
100 dollars a share by 2015 would be awesome ..
thanks for the heads up.
JB
In my honest opinion, $100/share is conservative.