1 Surprising Dividend Stock to Watch
A lot of investors have a tough time with auto stocks. But here's a tip: One thing I've learned after years of watching automakers is that a strong positive change in product direction is often followed by increases in both sales and profitability. When that happens, the stock price usually follows.
What does that mean? Think about how Ford Motor Company's (NYSE: F) products changed from 2005, before CEO Alan Mulally joined the company, to about 2014, when Ford's Mulally-driven product revival was more or less complete.
In 2005, Ford's small and midsize sedans were mostly so-so products that had to be discounted to sell. If they were profitable at all, those profits were tiny. But by 2014, Ford had launched all-new versions of the Fiesta, Focus, and Fusion -- and they were hugely improved.
Source: Fool.com