Ford Stock Could Lose Its Momentum
January 25 2022 - 10:22AM
TipRanks
Based in Dearborn, Michigan, Ford Motor Company (F) is a global
leader in the automotive industry and employs approximately 184,000
people worldwide. Ford designs and manufactures internal
combustion engine vehicles and electric vehicles for the passenger
and commercial markets, including trucks, utility vehicles, and
Lincoln luxury vehicles. Though shares are up more than 70% in the
past year and the dividend yield is slightly above the market
average, I don't think Ford Motor is a Buy given the deteriorating
outlook for the auto industry. The planned policy action by the
U.S. Federal Reserve to raise interest rates will not help the
stock to record higher share prices either.
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Ford Motor (NYSE:F)
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Ford Motor (NYSE:F)
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