Is Ford a good company to invest in?
Asked 4 years ago
As far as I'm aware, Ford has had a good reputation for investments on the market. Are they still reputable?
Filip Dimkovski
Saturday, April 24, 2021
You could do a lot better than buying Ford stocks at this period of time, but if you're persistent about Ford, waiting a bit might be really valuable. If the epidemic causes the US economy to fall into a recession, as seems to be the case, you will probably be able to buy it at a lower price in a month or two.
Having said that, I own Ford stock myself and have no intention of selling it. I recommend holding on to your Ford stock if you still own it. When car prices and auto stocks start to rebound, you’ll actually be pretty pleased with the outcome if you sit tight and just get the dividend through any economic uncertainties that lie ahead.
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