4 Favorite ‘Favorite’ Stock Picks for 2013

Experts don't always agree ... but many do on these big names

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ford logo 4 Favorite Favorite Stock Picks for 2013Several experts like the valuation in the auto space, and foresee Ford (NYSE:F) racing to the front of the pack in the coming year.

Fortune: “Ford was chosen for great leadership and being the strongest of the auto companies with bright days ahead. At $11.30, its 52-week range is $8.82 to $13.05. There is also an implied upside of almost 30% here if Ford can reach its consensus price target of $14.67 over the next year. Ford has a market cap of $43 billion and a dividend yield of about 1.8%.”

Kiplinger: “Ford still has room to grow. Despite the firm’s achievements, the stock has dropped 40% since early 2011, and the P/E is 8. The P/E is low because investors apparently don’t believe that Ford can sustain those high profits. I think they’re wrong and believe that Ford deserves a higher valuation.”

Bank of America: The automotive company is expected to see over 15% EPS growth in 2013 and has “high foreign sales and a large amount of pent-up demand” in its corner as well.

Article printed from InvestorPlace Media, http://investorplace.com/2012/12/4-favorite-favorite-stock-picks-for-2013/.

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