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A producer of cars and trucks combined. The Company's business is divided into two segments: Automotive and Financial Services.
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millionairefools (99.54) Submitted: 9/06/06 12:06 AM : Start Price: $7.61 F Score: -41.82
Horrible sales. Declining market share. Over-dependence on gas-guzzlers. Doesn't sound like a pick, does it? But, it's all priced in.Of course, that's no reason to pick Ford if it doesn't come out of the hole in one piece. But, I am betting on that it will. Big reason - at the end of the day, it's a "family owned" business. There's more than just money at stake. They will fight to keep the engine running hard. Now, the Boeing turnaround hero is at helm; Ford is being very public about accepting its shortcomings and that's very good news. I am sure that within 3-5 years they will come alive and kicking.
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