3 Reasons to Buy the Dip on Ford Stock
Like many companies, Ford Motor Company (NYSE: F) had a rough time in 2022 as macroeconomic challenges like inflation and rising interest rates wrought havoc on financial markets.
But this could also be an opportunity to buy shares at a discount. Let's explore three reasons why investors might want to buy the dip on this legendary American automaker.
As a whole, the auto industry is facing some big near-term headwinds. Since 2020, companies like Ford have faced supply chain problems, such as a shortage of semiconductor chips, which has made it difficult for them to produce enough cars to meet demand. According to CNBC, this challenge has sent new car sales down as much as 9% to 13.7 million -- a level unseen since the aftermath of the Great Recession.
Source Fool.com
