Ford Stock Is Trading Below $10: Should You Buy It Hand Over Fist Right Now and Hold for 20 Years?
While monster technology enterprises draw all the attention, it's worth pointing out that Ford Motor Company (NYSE: F) was once considered the bellwether of the American economy. It was founded in 1903, and its history highlights customer interest in the vehicles the business offers, namely its pickup trucks and SUVs.This Detroit auto stock is currently trading below $10 per share. Does this mean investors should buy it hand over first and hold for 20 years?Valuation is one of the most obvious reasons to scoop up shares today. While traditional mass-market automakers don't typically trade at high multiples, some investors may view Ford's current setup as a fat pitch. Continue reading
While monster technology enterprises draw all the attention, it's worth pointing out that Ford Motor Company (NYSE: F) was once considered the bellwether of the American economy. It was founded in 1903, and its history highlights customer interest in the vehicles the business offers, namely its pickup trucks and SUVs.
This Detroit auto stock is currently trading below $10 per share. Does this mean investors should buy it hand over first and hold for 20 years?
Valuation is one of the most obvious reasons to scoop up shares today. While traditional mass-market automakers don't typically trade at high multiples, some investors may view Ford's current setup as a fat pitch.