Despite the drop in the overall market over the past few months, Ford has been on a tear recently. The announcement that CEO Alan Mulally will remain at the company through at least 2014 certainly helps, but there are also some other compelling reasons for investors to like Ford as an investment, even after the recent run-up. A few of these include Ford's fundamentals, which still look solid, especially with its forward P/E ratio below 8. Ford is also performing very well in North America, where pent-up demand should drive increased future sales, and is investing heavily for future growth in Asia. Check out the following video for more reasons to be bullish on Ford's stock.
Brendan Byrnes owns shares of Ford and General Motors. The Motley Fool owns shares of Ford. Motley Fool newsletter services recommend Ford and General Motors. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.