Executives at General Motors (NYSE: GM) have been hammering a theme in presentations to investors over the last couple of years: GM, they have been saying, is a “compelling investment opportunity.”
Lately, they’ve stepped it up: In a presentation earlier this month, CFO Chuck Stevens said that GM is now a “more compelling investment opportunity.” Why? In part, he said, it’s because of the ways in which GM’s current leadership team allocates capital.
Did he make a compelling case? Let’s take a look.