To say that Ford Motor Company (NYSE: F) has been an underwhelming investment would be accurate. In the last five years, shares are up just 37%, trailing the S&P 500 by a mile. And in the last decade, they're down 11%. That's certainly disappointing for investors. 

But maybe things will be different going forward. Ford posted impressive financial results for its first quarter, handily beating Wall Street estimates. That's a clear showcase of solid momentum. And shareholders are optimistic about the company's electric vehicle (EV) ambitions. 

Is Ford stock a buy right now? Let's examine the bull and bear arguments for this top automotive business before answering that question. 

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Source Fool.com