NEW YORK (TheStreet) -- General Motors (GM) shares are up 1.76% to $33.52 on Tuesday after the U.S.'s largest automaker saw November sales rise 6.5% over the previous year to 225,818 vehicles sold during the month, bringing its year-to-date sales total to 2.01 million vehicles sold.
The company beat analysts' sales forecast of between 215,000 and 219,000 new vehicles for November.
Retail sales of the company's struggling luxury Cadillac brand fell 20% under the previous year's mark during the month, with year to date sales falling 5.6% from the previous year. Meanwhile the company's Chevrolet brand experienced a 3.5% increase in sales.
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TheStreet Ratings team rates GENERAL MOTORS CO as a Buy with a ratings score of B. TheStreet Ratings Team has this to say about their recommendation:
"We rate GENERAL MOTORS CO (GM) a BUY. This is driven by a few notable strengths, which we believe should have a greater impact than any weaknesses, and should give investors a better performance opportunity than most stocks we cover. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures and growth in earnings per share. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself."