Name of opportunity: 👀
Ford Motor Company
Price dip 📉
Ford has seen a price decrease over the past day, going down by 2.71%. This might be because a class action investigation into the rearview camera systems of some Ford models has been announced. However, the stock is predicted to increase in value over the next year.
Ford is an income stock and offers a substantial dividend to investors. The dividend yield of 6.19% means that if you invested $1000 you might be paid $61.90 a year in dividends (based on the last 12 months).
How hot is this investment opportunity? 🔥🔥
Analysts predict the price of Ford Motor Co. might increase from $9.69 to $12.36 in the next 12 months. If you invested $1000, you might profit $275.83.
Although the stock is currently a ‘hold’ it is performing well financially with solid revenue and cash flow. The company’s Q4 earnings report released in February revealed a quarterly revenue of $48.2 billion, up 5% year over year. Ford is reportedly restructuring its business and is planning to invest 4.4 billion euros into Europe. This can strengthen the company's competition in the international market, which is positive news for investors.
The class action investigation into the recalled rearview camera systems might be one of the main reasons behind the price dip today. Rearview cameras play a vital safety role, and to have them malfunction might unsettle investors, and might have shaken their confidence. Ford has also issued out several other recalls, including 26,000 hybrid SUVs after concerns about the battery short circuiting.
Additionally, the U.S. automotive industry has an uncertain future ahead due to President Trump's tariffs on Canada, Mexico, and China. U.S. automakers like Ford have been exempt from these tariffs that recently went into effect, but this has been reported to only last one month.
Leading automobile manufacturer 🚗
Ford Motor Company is an American multinational automobile manufacturer. The company is headquartered in Dearborn, Michigan, United States.
Which neme?: 🔍
‘Trump Tariffs: Will they work?’, ‘Automotive’, ‘Electric Vehicles’ ‘7 Stocks with Dual Potential’, ‘Popular Dividend Stocks’
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