seymour-ganes

Bullish on Ford $F

Long
NYSE:F   FORD MTR CO DEL
Despite the global chip shortage & covid I am bullish on Ford:

1. They have already started poaching tech talent; their most recent hire ran major product projects at both Apple and Tesla

2. ^ While it can be said that basically all car manufacturers will have to pivot to electric to adapt in the changing marketplace, Ford has the brand recognition and loyalty to garner fans of their increasingly-growing electric line up

3. Any news on new tech hires or EV models will be a strong catalyst

Bear scenario: more news on covid numbers and chip shortage drives price to ~$10-11 range in near term

Bull scenario: price consolidates around high $11s/low $12s before continuing to march up

this is not financial advice, just an opinion