It’s impossible to out-perform the stock market if you always buy and sell what everyone else is buying and selling. Contrarian buyers of General Motors (GM) stock, Schlumberger (SLB) and United States Steel (X) believe that the market has it wrong on these three stocks…and they’ve got some solid facts to support their case.

General Motors (GM) Stock

Record profits? Check. Historically-low P/E multiple? Check. Largest share of the massive U.S. auto market? Check. Extremely generous 5% dividend? Check.

With all these positives going for it, you’d expect GM stock to be hitting new all-time highs on a weekly basis. Instead, the stock is down 10.2 percent in the past two years.

It seems as if the market is punishing GM for its bumpy past, but all signs point to a 180-degree turnaround for the leading U.S. auto maker. Perhaps the market thinks that GM is going take a big hit from electric car competition from the likes of Tesla Motors (TSLA). But while TSLA will soon roll out its highly-anticipated Model 3, GM has gotten relatively little attention for its 2016 rollout of the Chevy EV Bolt, which is expected to price in the $30,000 range and deliver a 200-mile electric driving range.

Whatever the reason, the market has turned its nose up at GM, but contrarian deal hunters don’t care what everyone else is doing.

Schlumberger (SLB)

The S&P 500 is…

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