Morgan Stanley Takes a Long Look at General Motors

Morgan Stanley has published a research report on General Motors
GM
comprehensively outlining the manufacturer's market position and mid-term strategy. In the report, Morgan Stanley wrote, "At a time of great economic uncertainty, GM is in a better position to control its own destiny than many of its peers. We offer a simple list of guiding principles that we expect GM to follow through the bumpy road ahead. If well executed, we believe GM can exit a downturn even stronger than it entered it, especially on a relative basis. Perhaps the most exciting opportunity for investors is that the market appears to give GM little credit for execution." Morgan Stanley rated General Motors an Overweight with no price target given. General Motors closed Friday at $25.75.
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