Recently, Zacks.com users have been paying close attention to Ford Motor (F). This makes it worthwhile to examine what the stock has in store.
Ford Motor impressively had pledged to sell only EVs in Europe by 2030. It's now walking back that pledge and will sell other vehicles beyond then.
Mercedes-Benz workers in Tuscaloosa, Ala., voted against union representation, representing a small headwind for the Detroit Three.
Ford is asking suppliers for cost-cutting ideas. Ford and other major automakers still lose billions of dollars on EVs.
Ford stock has been a weak performer this year, rising by just 1% year-to-date, compared to the broader S&P 500 which has gained close to 11%, amid concerns of a slowing automotive market.
Ford Motor Co has asked its electric-vehicle suppliers to reduce costs in an attempt to support profitability, saying "everything is on the table," according to a company memo seen by Reuters.
Those just starting out on a path to investing and building a portfolio need to look at lower-priced companies so they can start to get a reasonable share count.