Ford Stock: Even With Poor February Results, Ford Is Still Bullish

Summary Of Seeking Alpha Article

  • Ford’s sales in February unexpectedly fell, causing the stock price to fall, but I Know First remains bullish for the long stock
  • The company’s efforts in Europe are taking shape, as sales rose in January and it opened a new plant in Valencia that will improve capacity.
  • Increased capacity will have a similar effect in China for Ford, where sales growth will be massive.
  • The company is clearly undervalued using basic figures, and algorithmic analysis agrees that the company is bullish for long-term investors.

Ford Motor Co. (NYSE: F) reported February sales fell 1.9% year over year, versus a projected increase of 5.2%. Investors were obviously disappointed, and the stock price fell 3.8% after the sales conference call. Besides the disappointing sales data for February, Ford also recently backed off its projection of losing only $250 million in Europe this year, now only saying that it will lose less than it did in 2014, when it lost $1 billion. I Know First has been bullish for Ford over the past few months, as can be seen in articles posted in December and January. The recent news might cause investors to lose faith in this dividend stock, but we continue to be bullish for this iconic American automotive company, believing that its international efforts continue to be promising for the future despite external setbacks, the newly revamped F-150 will be a hit among consumers, and that the company is currently greatly undervalued.

Algorithmic Analysis

The signal strengths in these forecasts are very bullish for Ford, as they are dark green and included in the top dividend stock picks. It is important to note that the signal strength is not a predicted price or percentage, but indicates a trend. In this case, Ford is strongly bullish. Now is a good time to buy into the company for long-term investors, as the company’s low valuation, promising progress in Europe, and ramped up sales of the F-150 in the second half of the year will drive the stock price higher.

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