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Bellwether stock #5: Ford (F)

Posted Aug 1st 2009 1:00PM by Louis NavellierLouis Navellier RSS Feed
Filed under: Earnings reports, Ford Motor (F), Stocks to Buy

bellwether stocks fordFord (NYSE: F) is the most fiscally-sound U.S. automaker, and the company also managed to post better-than-expected earnings, despite a very rough economic climate for car manufacturers.

For the second quarter, Ford earned $2.3 billion, or 69 cents per share, versus a loss of $8.7 billion, or $3.89 per share, in the year-ago period. The increase was largely due to lightening its debt load, but it tells me that Ford is on the track to profitability.

The better-than-expected earnings results are giving Ford shares momentum. I would buy on that momentum.

I rate Ford an A, or strong buy.

Next: Stock #6

Tags: bellwether stocks, ford, louis navellier, stocks to buy, top stocks

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Last updated: November 28, 2009: 08:44 AM

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