Is it a good time to buy Ford stock?
The case for buying Ford stock
But looking ahead, there are good reasons to be bullish about Ford and its business: Strong balance sheet.
Ford’s debt load is modest and well-structured, and it has plenty of cash ($22.3 billion as of the end of 2019) to weather a recession without big cuts to future-product programs.
Is Ford a good dividend stock 2020?
Ford is trading at just 6.5 times its anticipated 2020 earnings. That’s low: we’d normally expect a healthy automaker to be trading around 10 times earnings. It pays a great dividend. But Ford has long promised that it will try to maintain its dividend through a recession, as long as its cash reserve holds out.
Is Ford stock a buy or sell?
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Why is Ford stock so low?
Shares of Ford Motor (NYSE:F) were trading lower on Thursday, after the company said that it is suspending its dividend and drawing down its lines of credit as it braces for a period of factory shutdowns. As of 11 a.m. EDT, the automaker’s stock was down about 4.7% from Wednesday’s closing price.