Tuesday, March 2, 2010

Zoom, Zoom, Zoom - Ford

Many moons ago I encouraged people to stock up on Ford stock. Back then It was about $2 per share. Then again at $5, $6, and $8. Did you buy? Of course not! Well, Ford stock common shares are now over $12.00 per share. All this in the past year. Should I rub it in and work the percentage of growth for you? Nah! You get the picture. And yet, I tell you that Ford stock is still cheap.

This past week, Ford Motor is challenging General Motors in size. What does this say about government motors (GM)? Another show that the government can't run anything right. Don't expect GM to emerge any time soon. On the other hand, Ford is producing quality vehicles that are selling and are profitable. Remember when they refused government money? Free enterprise actually works.

Ford's future is bright! So is the future of their stock. More analysts are jumping on board. Go ahead and ignore me. We'll visit again and Ford Motor will be up.

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