Ford may be going lower considering sales will likely decrease due to COVID-19, jobs will take time to reestablish and the economy to slowly recover. What is intriguing about Ford to me is:
1. It is a 116 year old company which means it has been through every financial crisis since 1903 and is still here to talk about it
2. One of the top ten companies with the largest cash piles, roughly 22 bln.
3. to be able to own a company at the current price or below is ridiculous IMHO
4. Theoretically has the ability to enter new markets should sour gapes still hit the fan
1. It is a 116 year old company which means it has been through every financial crisis since 1903 and is still here to talk about it
2. One of the top ten companies with the largest cash piles, roughly 22 bln.
3. to be able to own a company at the current price or below is ridiculous IMHO
4. Theoretically has the ability to enter new markets should sour gapes still hit the fan