Value in Ford Wednesday, April 30, 2008
Posted by fmdm in US Traded Stocks.trackback
Ford (F) is getting things right and whilst it is still far away from a complete recovery, they are quickly moving in the right direction.
Most people tend to focus on their difficulties at home in the US and overlook how well they are doing abroad and how profitable the are. With this momentum and new strong products, we feel that Ford offers interesting prospects for the patient investor.
Allan Mullaly has a great track record of turning around multinationals and has considerably strengthened the management team. Furthermore, they are free to focus even more on the operational turnaround and future strategy now that the new UAW contract has been finalized.
Most investors thought that this was simply a stock to trade or a contrarian pick but the street is realizing that this could easily be a 10 dollar stock in the near future.
Currently, the stock has been pushed up also due to the Kirk Kerkorian bid but we feel that it is worth seriously considering opening a position under 8 USD.
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[...] June 12, 2008 Posted by fmdm in US Traded Stocks. trackback Following on from our previous post - Value in Ford: here - we think that the time has come for the long-term investor to open a position under 6 [...]