Have you driven a Ford lately? I have… And the company’s complete redesign shows a significant pivot toward the digital future of smart vehicles and clean energy — a key factor if it wants to out-last competitors. But is Ford a good stock to buy in 2021?
This week we saw Ford Motor Co. (NYSE: F) fell as much as 5% after a few down days… which is crazy to me.
As many of you may know by now, I’m a Ford kind of guy. I’m also a strong believer in that if you haven’t looked at Ford stock lately, look again.
So I’ve been wondering how my favorite stock could fall amid market gains…
Not wanting to wait around and find out if this dip in Ford stock was something I should worry about, I did a little investigating.
I went to the Ford dealership near my house to get the inside scoop on how well the company is actually performing.
And I think I might have found out some golden nuggets of information for you investors…
So what they’re telling me is that the Ford Bronco Sasquatch package will come to dealerships in late summer 2021…
That means we can already anticipate the boost this should bring for the stock, and capitalize on it before anyone else notices.
Now as for the 2021 Ford F-150 Raptor, they still have no idea when we’ll see them.
The Ford dealership can’t get the new F-150’s in stock fast or long enough before they’re sold out. To put it into perspective, the dealership told me that they sell 604 vehicles a month on average.
And that’s just coming from the small dealership near my house.
Then, as I’ve mentioned before, Ford’s making waves on the EV market with its new all-electric crossover Mustang Mach-E. Heck, the Mustang even seems to be one of the main reasons Tesla Inc. (Nasdaq: TSLA) is losing market share in 2021.
With so many new vehicles coming out in 2021, I’m anticipating a good year for Ford’s market value.
And you never know, there might be a Ford in your future.
Watch today’s video to find out if Ford stock is a good buy in 2021. As always, leave your thoughts in the comments below, and don’t forget to subscribe to my YouTube channel to stay up to date with all things options trading.
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