Stellantis
If Ford is a value pick, then Stellantis is a deep value choice for investors. Like Ford, Stellantis misjudged the pace of EV adoption, and it also took a massive write-down ($26 billion) on its EV and battery investments. Stellantis also suspended its dividend in 2026 and announced a reset of its business to "to once again make our customers and their preferences our guiding star," according to CEO Antonio Filosa.
Clearly, the EV transition did not go as planned for automakers. Still, with EV sales growth continuing to outpace traditional auto sales, it's definitely not a market Stellantis and others can ignore. For now, Stellantis will focus on its core brands of Jeep, Ram, Peugeot, and Fiat while undertaking a massive $13 billion investment to try to drive growth in the U.S.
If the plan works, then Stellantis will turn out to be an excellent value. But with Wall Street analysts expecting net debt to approach $10 billion over the next couple of years, the stock carries significant risk.