2024-02-23 05:11:00 ET
As one of the world's largest car manufacturers with a range of well-known models, Ford (NYSE: F) is well-known to investors. The company generated $176 billion in revenue last year and currently sports a market cap of $49 billion.
But this top auto stock hasn't been the best to its shareholders. A $1,000 investment in Ford 10 years ago would be worth $1,316 today, including dividends . A similar cash outlay in February 2014 in the S&P 500 would've resulted in a current balance of $3,280.
The Detroit automaker clearly hasn't been a great investment historically. But can this low-performing stock make you a millionaire one day?
For further details see:
Could This Low-Performing Stock Make You a Millionaire One Day?