At current level this is a steal. With the credit upgrade from Finch Today (up to investment quality BB+) finally Ford is starting to be recognized for what they really are: a great car company that never took a dime from US government and was able to ride the 2007-2010 great recession by themselves. Ford did not dilute any investors and did not went to the bankruptcy procedure to get rid of their problems. They found their way out and now their balance sheet is a great one. They are also building a new plant in China to increase production to 1,2M vehicles per year.
So i would get in at 11,60$ and out aroung 14,00$. This play may be a bit longer than usual but it is worth it.
As usual DO NOT INVEST more than you can afford to lose and always do your own due diligence before investing in that stock or any stock.
So i would get in at 11,60$ and out aroung 14,00$. This play may be a bit longer than usual but it is worth it.
As usual DO NOT INVEST more than you can afford to lose and always do your own due diligence before investing in that stock or any stock.
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