Last Friday, Ford Motor Company F CEO Mark Fields met with Wall Street analysts in New York to discuss Ford’s business and stock. Deutsche Bank analyst Rod Lache noted six bullish takeaways from Fields’ message:
- 1. Ford management still likes what is sees from the North American market.
- 2. Market fears that the U.S. auto market has peaked are excessive.
- 3. The market is underestimating the benefits that Ford will reap from the near-term market shift toward SUVs.
- 4. If a market downturn does occur, Ford management is committed to maintaining profitability via cost-cutting and pricing measures.
- 5. Ford is exploring “significant” new revenue opportunities, including ride sharing and insurance.
- 6. Ford management believes that the market is already pricing the worst-case recession scenario into Ford’s stock.
While he understands the frustrations that management has regarding Ford’s share price, Fields said…
Click here to continue reading
Want to learn more about how to profit off the stock market? Or maybe you just want to be able to look sophisticated in front of your coworkers when they ask you what you are reading on your Kindle, and you’d prefer to tell them “Oh, I’m just reading a book about stock market analysis,” rather than the usual “Oh, I’m just looking at pics of my ex-girlfriend on Facebook.” For these reasons and more, check out my book, Beating Wall Street with Common Sense. I don’t have a degree in finance; I have a degree in neuroscience. You don’t have to predict what stocks will do if you can predict what traders will do and be one step ahead of them. I made a 400% return in the stock market over five years using only basic principles of psychology and common sense. Beating Wall Street with Common Sense is now available on Amazon, and tradingcommonsense.com is always available on your local internet!