“The #1 Tech Opportunity of the Decade”

On February 8th, Luke Lango is making his biggest call of 2023. He’s recommending technology (that you’ve likely never heard of) that could help 122 million people… And mint up to $3 trillion in wealth.

Wed, February 8 at 8:00PM ET
 
 
 
 

Ford Kicking Into High Gear — Buy Now

Ford Motor (F) — On Wednesday, the automaker posted its best retail sales month in seven years. Sales of F-series trucks were up 22% and small car sales were up 30%.

S&P reiterated its  “buy” opinion on Ford shares. It also repeated its 2013 earnings estimate of $1.60 per share, up from $1.41 in 2012. And it said it expects EPS of $1.88 in 2014, with an indication that the earnings targets could be increased.

Following twin buy signals from our internal indicator, the Collins-Bollinger Reversal (CBR), Ford jumped from $15.88 at the close on Aug. 27 to $16.91. MACD issued a new buy signal and the stock closed with a solid punch above its 50-day moving average.

Buy Ford for long-term growth and management’s comments about potential special dividend payments and share repurchases. The stock currently has a dividend yield of 2.5%.

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Article printed from InvestorPlace Media, https://investorplace.com/2013/09/trade-of-the-day-ford-motor-f/.

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