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would it be smart to buy a dozen shares of Ford Stock hold it for 4-6 months then...
- Thread starter JDoe18
- Start date
appsptspcl
New member
Ford? Yes.
But not the government owned ones. We all know how government screws things up.
But not the government owned ones. We all know how government screws things up.
Ford will be a good stock in the long run. 4-6 months is not the long run. I'm talking 2 years maybe more.
The Image GM and Chrysler created for themselves the past 10 years is pretty bad. Ford on the other hand, took initiative a couple years ago to improve quality, fuel efficiency, and customer satisfaction. Ford, in my opinion, wanted to compete on a higher level, which was against the Asian carmakers. GM and Chrysler weren't even close.
Ford also knew that if an economic downturn were to occur, the company would be in big trouble financially, they took the initiative to cut back costs and to become more efficient and to have a better cash position. That says a lot about the management. And what do you know? They're the only ones that didn't need a bailout or government support.
With all that said, Ford has gained lots of market share over it's American competitors. A lot of people don't want anything to do with another GM or Chrysler product because of the bad quality over the years. That's an image burned into the minds of many Americans, and it will be hard to get rid of for GM and Chrysler.
Ford all the way!
The Image GM and Chrysler created for themselves the past 10 years is pretty bad. Ford on the other hand, took initiative a couple years ago to improve quality, fuel efficiency, and customer satisfaction. Ford, in my opinion, wanted to compete on a higher level, which was against the Asian carmakers. GM and Chrysler weren't even close.
Ford also knew that if an economic downturn were to occur, the company would be in big trouble financially, they took the initiative to cut back costs and to become more efficient and to have a better cash position. That says a lot about the management. And what do you know? They're the only ones that didn't need a bailout or government support.
With all that said, Ford has gained lots of market share over it's American competitors. A lot of people don't want anything to do with another GM or Chrysler product because of the bad quality over the years. That's an image burned into the minds of many Americans, and it will be hard to get rid of for GM and Chrysler.
Ford all the way!