Quick Answer: Should I Buy Ford Stock 2020?

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?

Style Scorecard

Zacks RankDefinitionAnnualized Return
1Strong Buy24.13%
2Buy17.51%
3Hold9.18%
4Sell4.92%

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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.