Ford-Drive it now
Charts don't lie -people do!
As I recall the squawk and chatter about GM over the last 12 months, I come to realize that I am not easily impressed with the automotive industry. You have to go back to 1998 and 1999 to find the last positive performance. Ford is changing all that as we speak. A YTD chart comparison of GM and F leaves no room for doubt.
Considering the facts that Ford is now profitable, they have the "Green" models best suited for $4.00 per gallon gasoline in America and their global expansion is in place is proof enough that Ford has the right team in place for those tough times ahead.
Comments (1)
Ford still can't make money in the US and is still too dependent on pickup trucks & SUVS to make this stock a good investment. I would rather buy Ford bonds in the 2 to 5 year range. They pay a better interest rate than the current dividend and if Ford goes bankrupt, the bonds have a stronger claim on the company assets.
Posted by trek1red | May 4, 2008 7:09 AM