Ford is a Bargain Stock Today

Ford Motor Co. (NYSE: F) is one of the world's largest auto manufacturers. It also has one of the most affordable stocks for growth-minded investors. Is this a bargain bin dump, or a pick that could provide long-term returns? If we look purely at momentum, Ford has a lot going for it. The stock has gained 30.67% in the last month. Now investors are starting to cool on the stock, but the reasons are easy to understand. Ford recently announced that its anticipated F-150 all-electric pickup truck would get a price hike. The highly anticipated 2023 model will cost almost $8,500 more than expected with full trim options. This sent the stock down yesterday, but likely won't hurt the company when it comes to release. There are few alternatives for an all-electric pickup. And the F-150 is the best-selling pickup line in America. Analysts believe the F-150 will still be competitive and Ford's cost-cutting measures will help it to survive long-term. There's an average target of $16.23 on the stock, compared to a price of $15.04 at the close yesterday. The most optimistic analysts see a high-end target of $32.00, which suggests an even better return. If you are looking for a bargain auto pick, Ford is clearly the best today. Don't miss out on the picks with long-term upsides. These investment strategies can guide your market decisions. The information above is impersonal and does not provide individualized advice or recommendations for any specific reader or individual portfolio. The opinions are our own and we have not been compensated in any way to review the symbols mentioned above.  sponsored ads below Finally...Some Good News This "World's Most Admired" company's stock would be a bargain at $50... Today it's under $2! Plus... a key December announcement could send it ROCKETING skyward in the coming weeks... 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