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Josh Brown Says GM Is Taking Cues From Tesla And Transforming Itself

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Josh Brown Says GM Is Taking Cues From Tesla And Transforming Itself

On CNBC's "Fast Money Halftime Report," Josh Brown discussed his thoughts on General Motors (NYSE: GM) and how it's keeping up with consumer trends.

GM is transforming itself and taking its cues from Tesla (NASDAQ: TSLA), said Brown. He mentioned the company is retrofitting three of its facilities to do purely electric.

See Also: Josh Brown Loves GM Right Now: 'They're Going From A Combustion Engine Giant To An Electric Giant'

"GM should have a 5 handle," said Brown, meaning he believes the stock should be over $50.

General Motors traded around $44.71 per share, with a 52-week low of $14.33 and a 52-week high of $46.71.

 

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