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Jim Cramer — GM Is a Yield Play Being Helped by China

Thanks to its China business, General Motors (GM - Get Report) posted quarterly results that easily topped Wall Street expectations. Still, TheStreet's Jim Cramer does not think investors should get overly enthused about the stock, which he sees as more of a yield play.

"The auto market did not count on China coming back, and China's SUV numbers were extraordinary for GM -- and that is a very lucrative part of GM's business," said Cramer.

GM pays a hefty yield of 4.8%. Cramer said the automaker is "making a lot of capital and will return a lot of money."

On the whole...


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