Listen, I’m not one to normally listen to Jim Cramer’s wild antics on Mad Money. The guy’s like that one uncle at Thanksgiving who yells louder the more wrong he is—especially when it comes to picking stocks. 

But, in a shocking turn of events that not even Christopher Nolan could script, I actually agree with Cramer on something: General Motors (GM) might just be a stock worth buying.

Now, before you start calling for a wellness check on me, hear me out. I’m just as surprised as you are, but GM is looking like a big, fat, car-shaped diamond in the rough. And here’s why. GM has been about as exciting as watching paint dry since it started trading publicly in 2010. Seriously, you could have made more money investing in pet rocks. While Tesla’s skyrocketed in value, GM’s been stuck in the slow lane, barely creeping forward. But here’s the thing: under the hood, GM is revving up for something big.

First off, GM is trading at a ridiculously low forward P/E ratio of 4.6x its 2025 earnings estimate. For those not fluent in Wall Street lingo, that means it’s cheap—like, my brother in law paying for dinner cheap. To put that in perspective, Ford (F), which is basically in the same boat (or should I say, the same car), is trading at a P/E of 6.9x. And yet, GM’s got just as much, if not more, potential.

Now, let’s talk about GM’s buybacks. I know what you’re thinking: “Buybacks? Really? That’s your big selling point?” But stick with me. Stock buybacks might not be the sexiest thing in finance—more like the financial equivalent of eating your veggies—but they’re effective. GM has been aggressively buying back its stock like it’s trying to corner the market on itself.

In fact, GM announced a $10 billion buyback program late last year and followed it up with an additional $6 billion plan. And the results? Outstanding shares have been cut by 18%. This move has helped GM supercharge its earnings per share (EPS) significantly, with Q2 EPS up 60%. When was the last time you saw a company with numbers like that trading at such a discount?

GM is putting its foot on the accelerator in the EV and autonomous vehicle space, and it’s actually making progress. Unlike Ford, which copied Toyota and recently decided that hybrids are the new hotness (spoiler: they’re not), GM is sticking to its electric guns. The Hummer EV, Chevy Silverado EV, and Cadillac Lyriq SUV are already turning heads, and GM’s market share in the EV space is up 2.2 percentage points year-over-year.

Then there’s Cruise, GM’s autonomous vehicle subsidiary. It’s a critical component of GM’s strategy to lead in the future of transportation. Cruise just partnered with Uber to bring autonomous ridesharing to the masses, starting in 2025. So, while everyone else is losing their minds over Tesla’s robotaxis, GM is quietly becoming the dark horse that could surprise everyone.

So, here we are. Jim Cramer and I are standing in the same corner, waving the GM flag. Weird, I know. But sometimes, even a broken clock is right twice a day. GM is trading at a massive discount, it’s got a killer buyback program, and its EV and autonomous vehicle strategy is starting to pay off.

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Stock.News has positions in Ford, Uber, Microsoft, and Tesla.