Wedbush rates GM as outperform, says stock will trade like a tech company and jump more than 50%

GM CEO Mary Barra talks with media prior to the start of the 2017 General Motors Company Annual Meeting of Stockholders Tuesday, June 6, 2017 at GM Global Headquarters in Detroit, Michigan.
Photo by John F. Martin for GM

General Motors' push into electric vehicles and software will make Wall Street view it more as a tech company, and that will create a windfall for investors, according to investment firm Wedbush.