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.
Why investors should consider adding Ford to their portfolio.
About the Author
Brendan Byrnes is the Managing Director of Motley Fool Money, where he oversees business strategy and editorial operations. Since joining The Motley Fool in 2011, he has written hundreds of articles, provided market and investing analysis, and appeared on CNBC and FOX. Earlier in his career at The Motley Fool, Brendan interviewed leading executives and thought leaders across the investing and business landscape. He holds a degree in Finance from Virginia Tech.