Down 20% in 2024, Is Ford Stock a Buy On This Dip?
Despite being a well-known American car maker, Ford (NYSE: F) is a huge disappointment for its investors. In the past five years, shares have produced a total return of just 30%. This gain seriously lags the almost 100% total return of the S&P 500.
This year has brought shareholders more pain, as Ford is down 20% in 2024 (as of Aug. 6). But maybe it's time to take a chance on the business.
Should you buy this auto stock on the dip?
Source Fool.com