Ford Stock Can Double in the Next 5 Years, but Only If 1 Important Thing Happens
In the last five years, the S 500 has climbed 80% (as of Feb. 16), a figure that excludes dividends. That's a respectable gain that investors can be encouraged by -- but not all businesses have fared this well.
Look at Detroit automaker Ford (NYSE: F). Its shares have climbed by just 44% since February 2019. If we zoom out even further and look at the last 10 years, investors actually lost money.
As we set our sights on the next five years, there's a chance that this auto stock could double, producing an annualized return of roughly 15%. But that's only if one very important thing happens.
Source Fool.com
