Ford Stock News: A Fundamental And Algorithmic Analysis Of Why Ford Is Bullish In The Long Term
Summary
- Ford has had a rough year because of setbacks
that were largely out of their control. - Market factors are aligning to help the auto industry have its best year in a decade.
- Ford has effectively cut costs and improved their product to thrive in the future.
- I Know First’s algorithm is very bullish for the company in the long term.
Investors in Ford Motor Co. (NYSE: F) have had a bumpy year, with many stock price fluctuations including a couple of significant drops. The stock price hit a low point on October 13th, having lost 12.25% of its value since the beginning of the year. Setbacks this year have caused the company to lessen its pretax guidance for 2014 to $6 billion, from $8.6 billion last year, and the company has lost market share in the U.S. However, many of the problems that Ford have faced are not as drastic as they appear, as this was always supposed to be a transition year for the automaker company. Their patient approach to building up the company with a solid foundation appears to be prudent, as the company is set up for substantial gains in 2015 and beyond.
