Ford stock undervalued, strong cash flow projections, thriving Ford Pro unit, dim near-term outlook
From Nasdaq: 2024-10-14 09:16:00
Ford’s stock is currently undervalued with a low forward sales multiple and strong cash flow projections. The company’s Ford Pro unit is thriving, with plans for new assembly plants and increased software subscriptions. Despite success in the EV market, Ford’s near-term outlook is dim due to losses and warranty costs. It’s not a buy right now, but long-term investors should hold onto the stock.
Read more at Nasdaq: Is Ford’s Bargain Valuation Enough to Buy the Stock?