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Fast: If you had to invest for life in a car company, what would it be?Ford Motor (NYSE: F) is as valid an answer as any other. For many generations, the F action has provided reliable returns.
Don’t get me wrong, there have been difficult times along the way, the impediment that worries many investors is the shortage of electronic chips.
This factor has weighed on F inventory in recent months, however, it turns out that inventory is returning intelligently and overcoming a point of resistance.
So let’s communicate about that point of resistance that I alluded to earlier. F shares approached $17 in 2010, 2013 and 2014, but were rejected on all 3 occasions.
Now they have had the possibility to cross that level. It is true that semiconductor shortages would possibly have contributed to a decline in inventory costs in September.
However, as of Oct. 29, F-shares rose a few cents above $17 due to trading volume.
On the other hand, just because an inventory has gone up doesn’t mean it’s overvalued. Consider that Ford’s 12-month price-to-earnings (P/E) ratio is only 19. 15x. with too expensive inventory.
Don’t worry about skeptics and just keep your eyes on the price. While the F percentage erases $17 and remains there for the long term, the warring parties will wish they had been in trade.
Ford is thought to be an emblem of American ingenuity; however, the company is expanding its operations globally. Even the shortage of chips, Ford controlled to demonstrate its ability to compete in various parts of the world.
For example, in China, Ford recently recorded cumulative sales of around 457,000 units, a year-on-year increase of 11%. When you think of cars in China, do you think a Lincoln walks on the roads?Should.
Not only that, Lincoln achieved its most productive monthly sales of more than 8,600 games in September.
Ford China Chairman and CEO Anning Chen highlighted the company’s progress, saying, “Ford continues to lay the foundation for good fortune in China through building our strengths in Ford’s [Plus] expansion segments. “
Meanwhile, in the European Union, Ford is publishing false figures in terms of sales of advertising cars and passenger cars.
Surprisingly, the Ford Ranger pickup was the best-selling advertising vehicle logo in Europe in the third quarter of 2021 and was also the number one advertising vehicle logo in seven European markets in addition to the UK.
Turning to passenger vehicles, in the third quarter of 2021, Ford sold 10,200 of its Mustang Mach-E sports units. In addition, the Puma, the best-selling Ford passenger vehicle in Europe.
In addition, the Kuga plug-in hybrid vehicle (PHEV) was the best-selling PHEV in the industry in the third quarter, with more than 60% of Kuga’s sales being PHEV.
I can’t stop them from giving up F inventory if they’re worried about microchip shortages, but knowledge obviously indicates that Ford is delivering its cars in giant quantities, even in those tough times.
At the time of publication, neither Louis Navellier nor the member of the InvestorPlace studios primarily guilty of this article had (directly or indirectly) any position on the values discussed in this article. InvestorPlace publishing Guidelines. com.
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