Ford Stock Analysis: A Great Opportunity Ahead Of Earnings
Summary
- Ford’s stock price has fallen roughly 12% since the beginning of March due to concerns over growth in China and the new F-150.
- The auto company has done a great job increasing market share in China even as the country goes through an economic downturn, setting itself up well for the second half.
- Operations in Europe also appear capable of returning to profitability sooner than expected, with a break-even possibility this year providing huge upside potential.
- I Know First algorithm is bullish about Ford, believing that the upcoming earnings report will act as a positive catalyst for the stock in a rebound from recent months.
