Ford Motor Co
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Consumer Discretionary : Automobiles | Mid Cap Value
Company profile

Ford Motor Company is a global automotive and mobility company. The Company's business includes designing, manufacturing, marketing, and servicing a full line of Ford cars, trucks, and sport utility vehicles (SUVs), as well as Lincoln luxury vehicles. The Company operates in four segments: Automotive, Financial Services, Ford Smart Mobility LLC, and Central Treasury Operations. The Automotive segment primarily includes the sale of Ford and Lincoln brand vehicles, service parts, and accessories across the world. The Financial Services segment primarily includes its vehicle-related financing and leasing activities at Ford Motor Credit Company LLC. Ford Smart Mobility LLC is a subsidiary formed to design, build, grow, and invest in emerging mobility services. The Central Treasury Operations segment is primarily engaged in decision making for investments, risk management activities, and providing financing for the Automotive segment.

Closing Price
$6.05
Day's Change
0.07 (1.17%)
Bid
--
Ask
--
B/A Size
--
Day's High
6.17
Day's Low
6.00
Volume
(Below Average)
Volume:
67,270,506

10-day average volume:
78,477,635
67,270,506

UPDATE: Tesla to $10,000 a share? This billionaire market bull is banking on it

10:03 am ET June 13, 2020 (MarketWatch)
Print

By Shawn Langlois, MarketWatch

That's billionaire investor Ron Baron, in a CNBC interview on Tuesday, going full bull on his big position in Tesla(TSLA)as the stock approaches $1,000 a share.

"I told you a long time ago that I thought we would make 20 times our money in Tesla," Baron went on to explain. "So far, we've made four times. I now think we're gonna make double or triple again over the next five years and double or triple again over the next five years."

Baron's investment firm holds 1.6 million shares of Tesla at an average cost of $219.02 each, according to Baron Capital data cited in the CNBC story (https://www.cnbc.com/2020/06/09/ron-baron-expects-exponential-growth-for-elon-musks-tesla-and-spacex.html). He said he's looking to add to his Tesla stake, which is currently valued at $1.5 billion as of Monday's closing level.

Baron's portfolio is up 8% to 9% this year, CNBC reported, and he's adding to his positions in several companies in the belief that the market is in good shape going forward. At last check, the Dow Jones Industrial Averageand S&P 500were trading lower while the Nasdaq Compositewas in the green.

Watch the full interview:

(https://player.cnbc.com/p/gZWlPC/cnbc_global?playertype=synd&byGuid=7000140039)

--

-Shawn Langlois; 415-439-6400; AskNewswires@dowjones.com

(END) Dow Jones Newswires

June 13, 2020 10:03 ET (14:03 GMT)

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