Better Buy: Ford Motor Company vs. Fiat Chrysler Automobiles
Investors on the hunt for value have lately been poking through the automakers. Quite a few auto stocks have lagged the market over the last few years, as investors concerned about technological disruption and peaking sales have looked elsewhere for growth.
But some automakers will survive and even thrive in coming years as self-driving vehicles and electric cars and trucks become commonplace. For some, those new technologies could provide a path to significant profit growth: That's the case that General Motors (NYSE: GM) has been making, and investors have bid GM's shares up quite a bit in recent months.
But what about GM's two old Detroit rivals, Ford Motor Company (NYSE: F) and Fiat Chrysler Automobiles (NYSE: FCAU)? Both are trading below 10 times earnings, the valuation we'd expect for an automaker in good times.
Source: Fool.com
Ford Motor Co. Stock
We see a rather positive sentiment for Ford Motor Co. with 12 Buy predictions and 2 Sell predictions.
With a target price of 14 € there is a slightly positive potential of 17.27% for Ford Motor Co. compared to the current price of 11.94 €.
