If you made a purchase based on our pick last month, you’ll be happy to hear we’re recommending General Motors Company (NYSE: GM) again this month. We bought GM last month at $29.05, earning just over 3% for the month and, because of lucky timing, a dividend payment. Of course, we’re not interested in a month-to-month return but it never hurts to see the price of a recommended stock increase since recommending it.

So why GM again? When the scores had all been assigned, GM came out on top with a total score of 13. The stock is only 16.8% below the 52-week high (a score of 2) which is not a great sale but stocks have generally been recovering lately so there are fewer bargain basement prices available. Mind you, that discount is nothing to scoff at. Basically, if the stock recovers within a year (a reasonable expectation), we’ll have realized a tidy little profit of 16.8%. Nice! Their $0.38 dividend is a yield of 5.1%, earning another 4 points. The P/E is an exceptional 5.19 but the EPS is only 6, for scores of 5 and 2, respectively. So that’s it. GM comes out on top again.

We should mention that Potash Corporation of Saskatchewan (NYSE and TSE: POT) technically beat GM with a score of 14 but it’s not included in the S&P 100 so we won’t recommend it. The recent closure of the Picadilly mine in Sussex, New Brunswick has allowed the company to remain profitable in spite of depressed global potash prices. The stock is currently nearly 50% off the 52-week high and still offering a dividend yield of over 6%. If you’re comfortable with a little more risk, this is definitely a stock to look at. I added it to my personal portfolio back in December.