Ford Motor Company (F) stock closed at $24.31, up 11.67% from yesterday's close of $21.77 per share. This is up 17.12% YTD, with a 52-week range between $8.43 and $24.56. It closed out the year as the auto-industry's best performing growth stock with shares growing 140%, beating out Tesla in 2021.
EV stocks have been on the minds of many investors for the past few years. For those closely watching vehicle manufactures and battery technology, Ford (F) may be a strong stock pick. In 2021, Ford announced a joint venture with SK Innovation to manufacture battery cells and arrays in the United States. And Ford's all-electric Mustang Mach-E, F-150 Lightning, and the E-Transit look like heavy hitters in the competitive world of EVs for everyday drivers and businesses.
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