Time to push F (Ford Motors) through the ceiling
Ford just revealed an electric pickup truck and and a hybrid truck. They’re struggling to produce enough Mach-E Mustangs (EV) as they are outselling Tesla’s in Europe.
This stock is severely undervalued even though the company has the longest proven track record of production to customer fulfillment in automobile history. They are going to steal a ton of Tesla’s market share and the stock is on discount right now. Ford has a PE of 15.57 while Tesla is at 588.98.
If we can break Ford through its historic ceiling if $16-$18 a share, momentum will kick in and give the stock long lasting (and deserved) EV hype valuation. This thing is a gem just waiting for a big move.
via r/wallstreetbets https://ift.tt/3qhG8Zq
June 9, 2021 at 04:17PM