Wall Street Won't Stop Beating up on Ford — But the Automaker Could actually Have a Huge Advantage When the Next Downturn Hits
Wall Street has been beating up on Ford. Over the past three years, the automaker's stock has declined 30%, at a time when US car sales have been booming and the S&P 500 surging.There seems to be nothing Ford can do to turn this around. The company continues to book solid profits and pay investors a dividend that yields more than 5%. Investors, it seems, are gripped by a growth mania that rewards no-profit, cash-incinerating companies such as Tesla and punishes steady performers like Ford...
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