Ford - Bullish divergence - Price target: $10 - $12
Volkswagen and Ford are revealing more and more about their partnership plans. I think the VW deal will reveal more good news soon.
Ford also announced job cuts and shutting down three plants in Russia. The Russian business has dragged on Ford's profits for years.
I think Ford has bottomed out and is headed for $10+.
First price target: $10.
Second price target: $12.
Ford also announced job cuts and shutting down three plants in Russia. The Russian business has dragged on Ford's profits for years.
I think Ford has bottomed out and is headed for $10+.
First price target: $10.
Second price target: $12.