$F is a cyclical stock and if you look at its chart over the last 100 years, you will see a perfect representation of the US economy.
Even on this chart, you can see the 2008 crash and the price dropped to $1 because there was no lending from banks, again in 2020 when the market crashed due to Covid.
Price keeps drifting down and if it loses the $10 blue support level, we are starting to move into undervalued territory, with a margin of safety on the yellow support line between $6-$7...this is very similar to the $PFE chart too....and both have a very attractive dividend right now.
$F will continue to survive like it always has and has FWD PE of 6 right now and profitable, they got damaged this year from the Union dispute but I believe that $F at the yellow support line is an excellent long term buy and hold with a favourable dividend as a sweetener to hold.
Labo
2024-12-16 16:57:22 +0000 UTCVojtěch Šimeček
2024-12-16 12:09:09 +0000 UTC