Where Will Ford Stock Be in 5 Years?
Ford Motor Company's (NYSE: F) stock has been lackluster for long-term investors. If you put $100 in the automaker 10 years ago, you would have a total return of just $128 today (including dividends). Meanwhile, the S 500 Index would have given you $339. And let's not even get started on , which has created more than a few millionaires while Ford's stock was stuck in idle.
Can Ford's ambitious electric transition finally turn things around, or should investors finally jump ship? Let's dig deeper to find out what the next half-decade could have in store for the iconic company.
A few years ago, Ford's bull thesis was quite simple. The legacy automaker would quickly shed its lumbering, traditional gas-powered business to focus on electric vehicles (EVs), leveraging its strong brands like the Mustang and F-150 pickup truck to rapidly gain market share.
Source Fool.com
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