After testing, and holding above, the $8.50 level since October, Ford Motor Company (F) stock is holding steady. This should limit any further selling pressure on the stock. And while the U.S./China trade war may lead to more tariffs on Dec. 15, the macroeconomic headwinds are immaterial to Ford’s longer-term prospects.
Ford continues to pivot its business from cars to trucks, SUVs, and high-end Lincoln vehicles. Its rapid adoption of EV gives investors good reason to accumulate Ford shares. There are four more reasons Ford is due for a breakout on the stock