May 22, 2012
There was more good news for Ford today, as Moody's upgraded the company to investment grade. Now that Moody's and Fitch both have Ford at this grade, the company has regained its iconic blue oval logo that it put up as collateral for a $23.6 billion loan in 2006. This is a big step for the company, and it further confirms the remarkable job Ford has done in recovering from the Great Recession. Brendan thinks Ford should benefit in the future from pent-up vehicle demand in the U.S. and an aggressive expansion into Asia. Ford's stock is also dirt cheap and sports a solid 2% dividend. Check out the following video for more info on Ford's upgrade and Brendan's opinion of its prospects going forward.
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