I know that GM and Chrysler are in trouble and there is risk of bankruptcy, but Ford is extremely low right now and it seems like a good buy. The new Taurus, Fusion, and Fiesta cars are coming out soon.
Eight answers:
Rich D
2009-04-07 17:01:24 UTC
I would probably buy Ford Calls instead of Ford Stock. In fact, I made about 130% on Ford 2010 calls at 2.50, and I sold my position earlier this week.
As for GM? Absolutely no way. There is no way they survive the next five years. The only reason they are being kept alive is because Obama doesn't want GM going under before the midterm elections.
GM, GMAC, Pension obligations, and a loss of $1,500 dollars per car sold. Don't even consider buying GM stock.
If you are looking at low priced stocks, I'd actually find a company that makes money but is getting seriously whipped in this economy.
LVS and MGM are cheap stocks right now that people will wonder about their survival. They have large debts, but when things are going well they actually make money, unlike GM and Ford which lose money even in good years.
john r
2009-04-07 16:57:05 UTC
Out of the 3 Us automakers they are the best. They have lowest cost and worked hard to reduce debt.
The price is great if the market comes back you will make alot of money. I would buy some as a bet not investment. This way you know it could loose money but you might win big also.
I do not think the goverment will ever let all 3 auto makers go under and ford is the best one by far so yes risky but i doubt they will go broke.
?
2016-09-29 13:06:16 UTC
WHY do you think of FORD inventory would desire to flow up ??? do you be attentive to that they have $167 BILLION in debt.. it particularly is BILLION they are dropping $6 a proportion and have a adverse e book cost. The inventory marketplace is predicated on the greater advantageous fool theory. human beings purchase shares with out clue approximately what they are procuring. it particularly is a legalized pyramid scheme. some human beings make fortunes, others flow broke procuring deals. human beings pay $20 for $5 expenses, and pay a cost to do it. there are a number of undervalued shares to p.c. between on a daily basis. basically understand that the inventory marketplace is playing, and not a constructive ingredient. Paper wealth can disappear VERY speedy.
Ryan M
2009-04-07 16:43:07 UTC
Only buy a dying company if you can afford to lose 100% of your investment overnight. Yes, Ford is better financially than the other two, but that is like saying that the Oakland Raiders are better than the Detroit Lions! Yeah they are better, because it is impossible to be WORSE!
anonymous
2009-04-07 18:52:24 UTC
i agree with Ryan, only do it if you can care less if it tanks. i agree, even though i dislike ford alot, they are making a come back by pumping out vehicles that are much improved. do NOT invest in GM like that other guy did, i read today they are preparing for bankrupcy just in case.
maybe only invest 50$ in ford.
calle trece
2009-04-07 16:55:39 UTC
These are my advices:
1. Do as much research as possible before investing. You might find something that will set your mind to buy.
2. Depending on your research (not your intuition) invest accordingly. Like me for example. I invest in companies I am 90% sure they'll do good and only I invest money I can afford to loose. Maybe $400 and not $3,000...
anonymous
2009-04-07 16:40:52 UTC
I recently boought GM and happy with the buy. I might even consider Ford too
Arthur
2009-04-07 16:46:28 UTC
I wouldn't.
Their vehicles aren't very good.
ⓘ
This content was originally posted on Y! Answers, a Q&A website that shut down in 2021.