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Oct. 13, 2021, 6:58 a.m. EDT

What To Do After Ford Rebounds

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Oct 13, 2021 (Baystreet.ca via COMTEX) -- When Ford /zigman2/quotes/208911460/composite F -0.41% peaked in June at over $16 a share, the selling pressure lasted for months. Now that investors seek exposure in gas-powered and electric-powered vehicles, Ford is rebounding.

Ford could sustain an uptrend if it reports strong operating profits from Maverick, the F-150, and the Bronco. Unit Mach-E sales growth is a contributor to the stock's future value. The EV output is still constrained, which is unfortunate for Ford's turnaround plans. Conservative investors may look at General Motors /zigman2/quotes/205226835/composite GM -0.52% instead. The competitor has a clearer EV strategy and has out-performed Ford in the last few years.

Tesla /zigman2/quotes/203558040/composite TSLA +5.09% , despite its high stock price, is on a steady uptrend, too. Markets should not rely on speculation that Lucid /zigman2/quotes/221104327/composite LCID +6.46% , Fisker /zigman2/quotes/209924856/composite FSR +11.57% , and other manufacturers pressuring Tesla. GM, Ford, and Tesla dominating the EV market is a more likely scenario. Even though Ford and GM will not catch up to Tesla, they are steady holdings. Tesla has too big a fan base and strong demand to under-perform.

Takeaway

Ford's uptrends usually do not last. It may falter again if sentiment changes. Investors should consider holding F stock while looking at Tesla and GM shares, too. That will give a portfolio an even balance of growth and value through exposure in the automotive sector.

COMTEX_395094486/2559/2021-10-13T06:57:35

Is there a problem with this press release? Contact the source provider Comtex at editorial@comtex.com. You can also contact MarketWatch Customer Service via our Customer Center.

/zigman2/quotes/208911460/composite
US : U.S.: NYSE
$ 19.67
-0.08 -0.41%
Volume: 68.78M
Nov. 29, 2021 4:02p
P/E Ratio
27.14
Dividend Yield
2.03%
Market Cap
$78.93 billion
Rev. per Employee
$683,570
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/zigman2/quotes/205226835/composite
US : U.S.: NYSE
$ 59.86
-0.31 -0.52%
Volume: 15.03M
Nov. 29, 2021 4:00p
P/E Ratio
8.00
Dividend Yield
0.00%
Market Cap
$87.36 billion
Rev. per Employee
$790,226
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/zigman2/quotes/203558040/composite
US : U.S.: Nasdaq
$ 1,136.99
+55.07 +5.09%
Volume: 19.46M
Nov. 29, 2021 4:00p
P/E Ratio
368.15
Dividend Yield
N/A
Market Cap
$1086.53 billion
Rev. per Employee
$445,694
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/zigman2/quotes/221104327/composite
US : U.S.: Nasdaq
$ 55.06
+3.34 +6.46%
Volume: 76.73M
Nov. 29, 2021 4:00p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$85.15 billion
Rev. per Employee
N/A
loading...
/zigman2/quotes/209924856/composite
US : U.S.: NYSE
$ 22.08
+2.29 +11.57%
Volume: 12.53M
Nov. 29, 2021 4:00p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$5.86 billion
Rev. per Employee
N/A
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