1 Terrible Reason to Buy Ford Stock
President Trump's recent rollout of tariffs has caused chaos in the stock market and plenty of uncertainty among business leaders who are trying to map out the long-term strategy for their companies.Some investors are looking for any signs that the Trump administration may take a softer approach to the industry. That's why it wasn't surprising to see investors jump on Trump's comments recently when he said he wants to "help some of the car companies" amid his 25% auto tariffs.Both Ford's (NYSE: F) and General Motors' stocks popped on that comment, with Ford's share price rising about 4% the same day Trump made his comments. However, buying Ford stock based on the shifting sentiment from the president is a terrible strategy. Here's why.Continue reading
President Trump's recent rollout of tariffs has caused chaos in the stock market and plenty of uncertainty among business leaders who are trying to map out the long-term strategy for their companies.
Some investors are looking for any signs that the Trump administration may take a softer approach to the industry. That's why it wasn't surprising to see investors jump on Trump's comments recently when he said he wants to "help some of the car companies" amid his 25% auto tariffs.
Both Ford's (NYSE: F) and General Motors' stocks popped on that comment, with Ford's share price rising about 4% the same day Trump made his comments. However, buying Ford stock based on the shifting sentiment from the president is a terrible strategy. Here's why.