Support: 888-992-3836
Copyright © 2023 InvestorsHub Inc.
Replies to post #54119 on Sharing Knowledge in Smallcaps
BullNBear52
05/23/23 9:02 AM
#54120 RE: EZ2 #54119
Ford Motor isn’t as undervalued by the stock market as Chief Executive Jim Farley seems to think. It expects its adjusted operating margin to rise to 10% by 2026 from 6.6% last year as it turns losses on its first-generation EVs to profit on a second generation while cutting fixed costs on conventional cars. The implication is that a less cyclical, higher-margin Ford should be better valued as cars go digital.