I realize there's better but it seemes to be turning around.
2007-07-31 10:17:31 · 4 answers · asked by Bill Spry 4 in Business & Finance ➔ Investing
Yes, Ford has reversed the long downturn which took it from $15.40 in January 2004 to $6.23 last July. The real question is -- what can be expected of the automobile manufacturers' industry group. There seem to be tough times. When considering a stock, look at the economic sector and industry group that the stock belongs to first. A great company in a poorly performing industry group may still have a lagging stock price.
2007-07-31 10:25:46 · answer #1 · answered by Andy 3 · 0⤊ 1⤋
Seems to me to be a very risky stock. The company indicated that they do not expect to earn money in 2007 and probably not in 2008. Toyota (and others) are taking market share away in trucks, which has historically been a large part of Ford's success. You might watch the analysts' forecasts (Yahoo finance), and if the estimates stop going down and start going up, that might be a good time to buy.
2007-07-31 16:15:49 · answer #2 · answered by Michael K 6 · 0⤊ 0⤋
Well I am not sure about it, I was going through reports over Ford, Some market analysts were predicting better results for this quarter, But it didn't show any progress and second investors are also bit reluctant in doing business of Ford, I say go ahead if you like it, but better see atleast previous two years results and market outcome.
2007-08-01 09:55:59 · answer #3 · answered by Anonymous · 0⤊ 0⤋
Technically, there is a steady but jagged rise. Fundamentally, they announced a profit. When you've been losing money by the buckets full, and can announce a profit. That is a good indicator. I'm just kicking myself for not buying it at $7 a while back.
2007-07-31 13:40:13 · answer #4 · answered by Rabbit 7 · 1⤊ 0⤋