Thursday, May 20, 2021

Back to Ford and GM .

 

Market Talk
 

The market is like an ocean with storms like we saw in Crypto and the Dow plunging and back to sunny skies where everything is fine, until the next storm - and many are looming off the horizon.  
 
The government wants the pandemic rebound to happen smoothly and the Fed is accommodating with interest rates.  The question on inflation is always present but employment is viewed as more important.  The debate on stock picking based on growth vs value is playing out as money managers have been choosing value.
 

One stock, in the news with the lightning F150 all electric pick up is FORD.  Yes the chip shortage is a factor with the auto industry. The Lightning F150 will be out next spring, that's a year from now.  But Ford is definitely going to be player in the ev space and the mustang ev is out now. 

Where will Ford stock be in 6 months?  The new green deal is counting on ev's to cut carbon based emissions.

Not ignoring GM either. GM is going to be a big ev player.

Ford and GM may be worth dipping the toes back in some.

_____

ALL in my humble opinion, scroll down and read more..

This site does NOT make Buy / Sell recommendations.
_______