Ford Motor Co (F) – 01-05-2010
I’ve mentioned that I like Ford before, but I’ve never made a post dedicated to it. The first thing you learn about stocks is to look at the companies that make things you know about. That way it’s easier to gauge the hype around products, and hopefully the sales and earnings will follow. Anyone that follows cars has seen that Ford has been getting a lot of hype over the Fusion and the new Taurus. Over the past decade, I’ve only considered purchasing Japanese or German cars myself, but this is the first year I would actually be interested in at least checking out a Ford if I were to buy a new car.
What does this actually mean for the stock? You can look at the sales charts and see that Ford has been on the rise over the past year on the backs of the aforementioned models. You can also see the double bottom and uptrending chart, along with the fresh breakout on the news of another good sales month. Regardless of your timeframe, this is definitely a stock to keep an eye on. It’s just a matter of deciding how short of a base you’re willing to trade off and how long of a positive earnings history you require.
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