Is Ford Stock a Millionaire Maker?
There's been a resurgence of investor interest in automakers recently, after President Trump indicated that some automotive tariffs may not be as bad as initially feared. Ford (NYSE: F) stock plummeted in early April on the initial tariff rollout but has since rebounded and is up nearly 9% year to date.But investors may want to temper their enthusiasm. Ford continues to face significant headwinds on multiple fronts. Here's why Ford stock isn't a millionaire maker and why it's probably best to avoid it right now.Image source: Getty Images.Continue reading
There's been a resurgence of investor interest in automakers recently, after President Trump indicated that some automotive tariffs may not be as bad as initially feared. Ford (NYSE: F) stock plummeted in early April on the initial tariff rollout but has since rebounded and is up nearly 9% year to date.
But investors may want to temper their enthusiasm. Ford continues to face significant headwinds on multiple fronts. Here's why Ford stock isn't a millionaire maker and why it's probably best to avoid it right now.
Image source: Getty Images.
