2 Major Automakers I'm Considering In The Near Term
By Matt Schilling:Since 2008, U.S.-based automakers have been trying to regain their presence as some of the premier names in the global auto industry. This article examines the near-term upside potential of two of America's best-known automakers from a fundamental standpoint.Ford Motor Company (F): Ford trades in a 52-week range of $9.05 (52-week low) to $14.22 (52-week high) and closed at $10.65 on Wednesday, June 20th. Shares have risen nearly 4% over the last five trading sessions, and shares were up today on the news that Ford is developing a lab that will be located at the heart of Silicon Valley. The premise behind the establishment of the lab will be to mine user-enriched data to better enhance the overall customer experience. That being said, Ford looks very affordable at these levels considering it trades at P/E ratio of 2.26. Even though it is has been flat for most of theComplete Story »
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