General Motors (GM -0.51%) reported first-quarter results that were significantly better than experts had expected. Plus, the company raised its full-year guidance and gave encouraging updates on its electric vehicle progress and the Cruise automation platform. Despite the excellent results, GM still trades for a single-digit multiple of earnings. Could this be an incredible opportunity hiding in plain sight?

*Stock prices used were the afternoon prices of April 23, 2024. The video was published on April 23, 2024.