Ford is rising over its once bankrupt US rivals. It is gaining market share with better cars than ever b4. However i believe fords preferred shares have more upside than the common. I like the F.PR.A shares...
As you all know the Government just extended the cash for clunkers bill by an additional 2 billion dollars. This is very good news regarding the big three because it will further propel incentives...
I think Ford is headed up based on their performance in the recession and the bailout process and that consumers will look more closely to buying cars from them sice they have managed to hang in there...
I previously downgraded Ford a month or two ago. I believed it would rather fall slightly or be flat. I based this decision on past behavior, however i dont believe thats true now. Ford is taking market...