Joint Venture With Ford Could Jump-Start ADT
ADT (NYSE: ADT) is known for providing security, but the shareholders haven't felt particularly secure lately. The stock has gone nowhere over the past four years, and even tread water in 2021 while the S&P 500 gained 27%. Amid this bearish backdrop, ADT's annual 1.81% dividend yield offers little in the way of consolation.
Clearly, ADT is in dire need of a catalyst to get investors enthused about this century-old company. Fortunately, an equally old automaker (albeit one that's proved its ability to adapt and modernize) could help ADT finally get out of its rut.
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Source Fool.com
