Why Ford Stock Popped 26% in June
Shares of American automotive giant Ford Motor Company (NYSE: F) popped 26% last month, according to data provided by S&P Global Market Intelligence. The leading pick-up truck maker saw steady growth, stabilized selling prices, and announced a new charging partnership with in recent weeks.
As of this writing, shares of Ford are up 31% year to date (YTD), with the majority of this year's gains coming last month.
As many know, any association with Tesla gets investors excited about a stock. So it is no surprise to see Ford's stock price soaring when its investor relations announced that Ford electric vehicles would be getting access to 12,000 Tesla superchargers in the United States. These fast-charging stations are spread out around the country and serve as the "gas stations" for electric vehicle owners when traveling long distances.
Source Fool.com
Tesla Inc Stock
Currently there is a rather positive sentiment for Tesla Inc with 74 Buy predictions and 28 Sell predictions.
As a result the target price of 248 € shows a slightly positive potential of 14.92% compared to the current price of 215.8 € for Tesla Inc.
