Ford: An Iconic American Company
By Rupert Nicholson:
Ford Motor Company (F) has excelled at making cars since 1903. It was the first company to embrace the assembly line concept which revolutionized car making and enabled production on a large scale. It is the second-largest US automaker behind General Motors (GM) in terms of annual sales.Ford is a very strong company. It was one of the few companies to survive the Great Decession back in 1929 and, in the recent recession, was the only one of the 'Detroit Three', Chrysler, General Motors, and Ford, not to receive a government bailout.This beloved company has managed to turn itself from a wrecked, destitute company in 2006, to one of the most profitable automakers in 2012. This remarkable turnaround should be a signal to investors that Ford is headed in the right direction.
Why buy Ford?
Simply put, Ford is dirt cheap when compared to the industry.Complete Story »