Ford (NYSE:F) is re-inventing itself with a new direction. It plans to separate its legacy internal combustion engine brands, which are essentially being phased out, in favor of electric vehicles. However, its falling share price suggests that investors aren't too optimistic about its prospects. Nevertheless, the robust sales of its F-series pickup trucks and its incredible growth runway make Ford a buy for those who can stomach the near-term volatility. Hence, we are bullish on F stock at current price levels. The news that Ford would absorb $1 billion in unanticipated supply chain costs made its shares tumble.
https://www.tipranks.com/news/article/investors-shouldnt-put-the-brakes-on-investing-in-f-stock?utm_source=advfn.com&utm_medium=referral
Ford Motor (NYSE:F)
Historical Stock Chart
From Jan 2023 to Feb 2023 Click Here for more Ford Motor Charts.
Ford Motor (NYSE:F)
Historical Stock Chart
From Feb 2022 to Feb 2023 Click Here for more Ford Motor Charts.