Wolfe Research Says General Motors is a Buy
Live Blog Update #1 Published
Analysts at Wolfe Research upgraded General Motors to a buy, with a $96 price target. The firm noted that investors are overlooking tailwinds into 2027. That includes the launch of its full-size pickup, which could be a $1.7 billion tailwind. The company could also benefit from a lower net tariff as it moves some of its production capacity to the U.S.
“Wolfe also noted that General Motors continues to pile cash into share repurchases, which is expected to fuel a nearly 15% gain in the stock. The firm estimates that General Motors’ free cash flow will stand at $9.9 billion in 2026 and $12.2 billion in 2027,” says CNBC.
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We could soon see a SpaceX IPO. Rumors are intensifying that SpaceX could soon file its IPO prospectus—possibly as early as this week.
Even more striking are projections that the offering could raise as much as $50 billion, implying a valuation near $1.8 trillion.
If that scenario unfolds, it would instantly become one of the most significant public offerings in history. But for investors, the bigger question isn’t just whether SpaceX goes public—it’s how to position ahead of the event.
While waiting for a direct opportunity to buy into SpaceX is one approach, many investors are instead turning to stocks and ETFs already benefiting from the current surge in IPO enthusiasm. That includes the First Trust US Equity Opportunities ETF (FPX), the Renaissance IPO ETF (IPO), the Fundrise Innovation Fund (VCX), and Destiny Tech 100 (DXYZ).
Ian Cooper is a veteran market analyst and investment strategist with more than 20 years of experience covering stocks, commodities, and macro trends. Since 1999, he has helped investors identify market opportunities using a blend of technical analysis, fundamental research, and market sentiment.
He is the creator of the ADD News Flow Strategy, which focuses on trading market reactions to major news events and investor psychology. Cooper was also among the analysts who warned about the 2008 financial crisis and major financial institution collapses ahead of the broader market.
Before joining 247 Wall St., Cooper wrote extensively for InvestorPlace and other financial publications, covering market trends, trading strategies, and investment opportunities.
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