If You'd Invested $1,000 in Ford In 2018, This Is How Much You Would Have Today
For someone who put down $1,000 into Ford's (NYSE: F) stock in 2018, it hasn't exactly had a happy journey. Shares are up only 36% over the past five years, so this thousand-dollar investment would be worth $1,365 today. Someone who simply put some capital into an index fund tracking the broad S 500 would've done meaningfully better.
While this top auto stock has clearly been a loser in recent years, can the future provide for better returns? Let's see if this stock is a worthy portfolio addition right now.
Without a doubt, is the king of electric vehicles (EVs). Over the past decade, Elon Musk has successfully brought these cars to the mainstream. Plus, governments around the world are putting resources behind trying to reverse the effects of climate change. Doing so has big implications for the auto industry.
Source Fool.com