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Ford....

Posted on 1/28/11 at 12:19 pm
Posted by NELAtigers
Member since Nov 2010
1279 posts
Posted on 1/28/11 at 12:19 pm
Anybody buying F on this pullback today? It is looking pretty good and I just want to make sure I am not missing something.
Posted by bander
Baton Rouge
Member since Sep 2009
143 posts
Posted on 1/29/11 at 2:12 pm to
this is quoted from Motley Fool, and Ford is on their core stock list. I don't think I would buy, but rather hold right now if you had some.
" Ford's total number of global models has actually shrunk considerably since Mulally's(CEO) arrival, and it'll shrink more in the next few years. It is true that Ford's quality has improved considerably on Mulally's watch, along with other trivial things such as the balance sheet, the stock price, customers' perceptions, and the company's chances of, y'know, actually surviving.

On one hand, yes, market-share gains and big profits are going to be harder for Ford to win in coming quarters, as costs rise and rivals continue to get back on their feet. Shareholders expecting the stock price's upward trajectory to continue are likely to be disappointed.

On the other hand, even with Friday's surprises, Ford is still a solidly profitable and much-admired company with strong prospects around the world. Speaking as a Ford shareholder, with the company's situation solid and still improving, I don't plan on selling my shares just yet."
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