NEW YORK, July 27 (Reuters) - After more than a year of rapid deterioration, General Motors Corp. is emerging as a new debt analyst's favorite, with most arguing the automaker's bonds and default swaps hold much upside, even after rallying on better-than-expected operating profits. Several bumps remain on GM's road to recovery, however, and investors seeking the best returns should aim to buy on weakness, or if spreads widen after bouts of profit taking, analysts said. GM on Wednesday ...
Premium Content (PAID Subscription Required)
"US CREDIT-Future looks rosy for GM debt investors" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
Current subscribers, please login or CLICK for support information.