The following video is part of our "Motley Fool Conversations" series, in which senior analyst Anand Chokkavelu, CFA discusses topics across the investing world.
Ford got some good news this week. Moody's upgraded its debt to investment grade. Not only will that release debt collateral, including its famous blue oval, as well help lower the cost of any future financings, but it's another step in Ford's turnaround under CEO Alan Mulally. Mulally himself rated the upgrade "way up there on the highlight film" of his tenure at Ford (since he became CEO in 2006). Anand weighs in on the news and reiterates his buy call on Ford.
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