Diamond Member Pelican Press 0 Posted September 30, 2024 Diamond Member Share Posted September 30, 2024 This is the hidden content, please Sign In or Sign Up Why investors may want to own Ford stock now: Analyst The automotive industry is facing significant challenges, with Stellantis (STLA) being the latest to adjust its full-year This is the hidden content, please Sign In or Sign Up due to growing inventory issues and other industry-related headwinds. Bernstein senior analyst Daniel Roeska joins Market Domination to discuss his perspective on the auto industry’s future. Roeska observes that the US market is on a “path of mean reversion,” explaining that car prices increased during the pandemic but have been gradually decreasing since. Regarding Stellantis specifically, he notes that in the US market, there’s been a “situation” where car prices rose faster than those of competitors, “and the product quality didn’t really catch up.” This has led to inventory problems as a price correction becomes necessary. However, he adds that the ********* market, “while not great, is on a fairly decent path.” When it comes to the broader auto industry, Roeska recommends Ford (F) to investors. He states, “We still think that there is a benefit to owning Ford at this point. We have an Outperform on Ford because their Ford Pro business is really resilient. And they are starting to regain traction in the ********* EV market, and that will push them beyond consensus earnings in ’25.” For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by This is the hidden content, please Sign In or Sign Up This is the hidden content, please Sign In or Sign Up #investors #Ford #stock #Analyst This is the hidden content, please Sign In or Sign Up This is the hidden content, please Sign In or Sign Up Link to comment https://hopzone.eu/forums/topic/139005-why-investors-may-want-to-own-ford-stock-now-analyst/ Share on other sites More sharing options...
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