Ford Motor Company (NYSE:F) Stock Report
By Rocky Biggs on May 28, 2010
Ford Motor Company (NYSE:F) shares soared in yesterday’s session of trading up 6.7%. This marked the largest increase in the S&P500 yesterday. Ford’s shares are also up 3.42% today in pre-market trading which signaled an alert that a crash of Ford stocks might be imminent. Ford’s rival Toyota Motor Corporation (NYSE:TM) stocks fell a significant 2.81%. Other competitors of Ford Motor Company in the auto industry Honda Motor Corporation Co. (NYSE:HMC) – traded down 2%.
Ford Motor Company (NYSE:F) Stock Report
Long term stock holders of Ford won’t mind the short term ups and downs of their shares, but the daily traders are always looking for the stocks that have gained too much in a short amount of time (a quick look at any stock chart will reveal why).
Ford’s (NYSE:F) market capitalization currently stands at $38.8 Billion – and future growth is aimed organically through expansions in Mexico and Michigan as they have recently announced – not through acquisitions or partnerships.
We believe in the short term Ford Motor Company (NYSE:F) shares will see a decline – but in the long term, they are only headed one direction: up.
Filed Under: Finance
