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  • Is Ford cheap enough?

    Posted Oct 24 2007, 03:13 PM by Matt Koppenheffer
    Filed under: ,
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    Stock ratings on CAPS favor those companies that CAPS players are unanimously bullish on. This is why a stock like Ford, which has a bull/bear split of 56% / 44%, ends up with a lowly one star rating.

    One star or not, though, there are still 1,755 players on CAPS that are bullish on Ford. Why you ask? Good question. The prevailing wisdom on the bullish side seems to be that Ford:

    1)    Is too big / established / important to go bankrupt.
    2)    Its new cars are going to help it turn the corner.
    3)    The stock is cheap at the current price.

    Now I'm all about a cheap stock, but I definitely fall on same side of the line as CAPS player PSRUDY, who quipped "Henry would not be pleased with what you've done!"   Read More...

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