If you've got $1,000 left over from holiday spending and you're interested in buying some cheap stocks, Ford Motor Company (NYSE: F) has a unique blend of value and dividend yield that might interest you.

Not only does the venerable automaker trade at a cheap price-to-earnings ratio of 7, but it also offers a dividend yield over 5% and has solid upside potential in the coming couple of years as it turns its cash-burning electric vehicle (EV) business into a profitable operation.

While the automotive industry is poised to evolve more in the coming two decades than in the past century, thanks to a transition to EVs and potential groundbreaking technology for driverless vehicles, the truth is these are expensive undertakings.

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Source Fool.com