Despite a run of about 50% in the last year, Ford (F +3.54%) stock has a bullish case given certain realities overseas. Despite the first signs of growth in the automotive sector finally showing up in April, Ford stock is likely to be affected by the company's loss on its European operation. This may be largely hiding some of the strength of the overall numbers and cause the market to undervalue Ford stock in the near term. Furthermore, while Ford is leading the way, the European situation is poised to benefit other automakers, including General Motors (GM +4.11%).
In the video below, Fool.com contributor Doug Ehrman discusses the bullish case for Ford, some of the risk factors involved, and why even a less optimistic view may still favor owning Ford stock.
