Bellwether stock #5: Ford (F) - Louis Navellier

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Bellwether stock #5: Ford (F)
Aug 01, 2009 06:00 PM UTC

Louis Navellier

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Via BloggingStocks:

Filed under: Earnings reports, Ford Motor (F), Stocks to Buy

Ford (NYSE: F) is the most fiscally-sound U.S. automaker, and the company also managed to post better-than-expected earnings, despite a very rough economic climate for car manufacturers.

For the second quarter, Ford earned $2.3 billion, or 69 cents per share, versus a loss of $8.7 billion, or $3.89 per share, in the year-ago period. The increase was largely due to lightening its debt load, but it tells me that Ford is on the track to profitability.

Continue reading Bellwether stock #5: Ford (F)

Bellwether stock #5: Ford (F) originally appeared on BloggingStocks on Sat, 01 Aug 2009 13:00:00 EST. Please see our terms for use of feeds.

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