Ford Motor Co. (NYSE: F) held an investor conference last week, on Oct. 2. The results were no great shakes – the call failed to spur a huge move up, and the stock has largely been moving up and down in a fairly tight 2% range ever since. You can “drive home” in Ford shares for $12.32 as of yesterday.
Investors must have missed the biggest takeaways from the call: The company snapped a three-month sales decline with an 8.7% gain in September sales, largely lead by a 21% surge in its popular F-Series pickups.
Not only that, but Ford is (rapidly) going to enter the lucrative electronic vehicle market, with a crack team in place to speed up development.
Still, investors have it in their minds that this isn’t a “high-growth” company anymore.
Thing is, it doesn’t matter if that’s true. We’re going to turn that perception to our advantage with a commanding position in the company for a few pennies on the dollar – and start collecting regular payments, too.
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Tom Gentile is one of the world's foremost authorities on stock, futures and options trading.
With more than 25 years' experience trading stocks, futures, and options, Tom's style of trading systems and strategies are designed to help individual investors propel themselves past 99 percent of the trading crowd.