Ford Motor has had a dismal run for the past two decades, with the stock trading about where it was in 2001 with a 48% YTD decline in 2022, as of June 20. But the company has new life based on its shift toward self-driving and electric vehicles. The company’s new F-150 Lightning was recognized as the “new Ford,” with nearly 200,000 reservations and a production schedule of only 15,000, 55,000 and 80,000 trucks in 2022, 2023 and 2024, respectively. The company pays a healthy dividend of 3.56% and still trades 48% below its all-time high of $42.45 set way back in 1999.
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