Is Ford a Millionaire-Maker Stock?
Investors have long overlooked the U.S. automotive industry because of its track record of poor returns. And with shares down around 29% over the last 10 years (not including dividends), Ford Motor Company (NYSE: F) is a quintessential specimen in this lackluster industry.
That said, an ambitious pivot to electric vehicles (EVs) could shake things up. Let's explore the pros and cons of Ford to see if it could have millionaire-maker potential.
Compared to most of its rivals, Ford quickly realized the importance of larger vehicles. In 2018, the company discontinued all its sedans to focus on more profitable trucks, SUVs, and crossovers.
Source Fool.com
