General Motors (GM) Laps the Stock Market: Here's Why

General Motors (GM) closed at $83.95, up 2.13% in the latest session, outperforming the S&P 500's 1.49% gain. However, the stock has declined 6.52% over the past month. The company is expected to report Q3 EPS of $3.41 (up 21.79% YoY) with revenue of $48.42 billion (down 0.35% YoY). GM trades at a Forward P/E of 6.13, significantly below the industry average of 16.81, and carries a Zacks Rank of #3 (Hold).