Ford Motor Company (NYSE:F) Evaluation
By Rocky Biggs on May 20, 2010
Ford Motor Company (NYSE:F) is having another bad day on Wall Street with the US auto giant currently trading at 11.16 – down 3.33% for the day. Ford has in fact had many positive news in the past couple of months and shareholders should be feeling good about the direction that the company is taking. It wasn’t too long ago, the Ford and the US auto industry were facing extinction straight in the eye with bankruptcy and outdated business models not giving positive signs in an already troubled world economy.
<h3>Ford Motor Company (NYSE:F) Stock Evaluation</h3>
In the past month, Ford (NYSE:F) has dropped a perplexing 17.72%. Of course, a big reason for this decline in stock value is not actual company news but the state of the general economy. Worries about debt in Europe and uncertainty about the world consumers’ state of mind following a traumatic financial crisis still weighs heavily on the price of stocks.
With that said, this might been a good opportunity for those who believe in the Ford Motor Company (NYSE:F) to invest with the company’s stock price have declined to the degree it has recently.
Filed Under: Finance