1 Major Takeaway From Ford Motor Company's Strategic Update
Investors had waited anxiously to hear what Ford Motor Company's (NYSE: F) newly appointed CEO, Jim Hackett, would lay out in his strategic plan after 100 days on the job. Unfortunately, the plan, which Hackett delivered in a presentation on Tuesday, was initially met with some skepticism due to the lack of specific details and a vague grand-scheme strategy for a rapidly evolving automotive industry.
Let's take a look at one of the near-term core takeaways from the presentation, and at why investors should cut the strategic plan a little bit of slack -- at least for now.
In an attempt to sum up Ford's grand strategy moving forward, the presentation outlined five basic principles. In the company's words:
Source: Fool.com
Ford Motor Co. Stock
€11.31
-1.650%
We see a rather positive sentiment for Ford Motor Co. with 13 Buy predictions and 2 Sell predictions.
With a target price of 14 € there is a positive potential of 23.81% for Ford Motor Co. compared to the current price of 11.31 €.
