1 Stock That's More Than Doubled in 3 Years, and 3 Reasons It Will Keep Soaring
General Motors has quietly tripled the performance of the S&P 500 over the past year, and it isn't slowing down.
Overview
When investors are searching for high-flying stocks, they likely wouldn't start in the automotive industry. That said, General Motors (NYSE: GM) has been firing on all cylinders over the past three years. The stock is up 116% over that time. Over the past 12 months, it has gained more than 62% compared to the broader S&P 500's 21% rise.
The good news for investors who missed the rise is that GM is poised to keep driving higher for these three reasons.
Details
Ford Motor Company (NYSE: F) and its Detroit rival, GM, have much in common, but the two return value in distinctly different ways. Ford is well-known for its lucrative dividend, currently yielding roughly 4.2%, and it often dishes out annual supplemental dividends when cash flow is strong.
Source
Originally published at www.fool.com.