Investors Are Overlooking 1 Catalyst That Could Drive Billions in Profits at Ford and GM
Ford and General Motors have had long-standing defense businesses that investors sometimes overlook.
Overview
Interestingly, investors looking for potential future catalysts for both General Motors (NYSE: GM) and Ford Motor Company (NYSE: F) might just find their answers in the past.
While Stellantis is busy refocusing on its core vehicle production strategy and broader turnaround, both Ford and GM are busy diversifying and seeking new and incremental revenue streams. One catalyst with the potential to add billions in revenue and profit is the defense business.
Details
Here's a brief history lesson on GM's and Ford's defense businesses and what reviving them could mean for long-term investors.
Source
Originally published at www.fool.com.
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