Looking at the sectors faring best as of midday Friday, shares of Consumer Products companies are outperforming other sectors, up 0.9%. Within the sector, Ford Motor Co. (Symbol: F) and General Motors Co (Symbol: GM) are two large stocks leading the way, showing a gain of 8.0%
Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Ford Motor Co. (Symbol: F), where a total volume of 635,325 contracts has been traded thus far today, a contract volume which is representative of approximately
3 Trending EV Battery Stocks To Watch Today Electric vehicle (EV) battery stocks have been a hot topic in the stock market over the past couple of years. Naturally, as EV trends continue to pick up momentum, the companies that provide one of the core components would also fo
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares MSCI USA Value Factor ETF (Symbol: VLUE) where we have detected an approximate $1.1 billion dollar outflow -- that's a 6.4% decrease week ov
Food delivery platform DoorDash (NYSE: DASH) is growing rapidly. Could the company soon use autonomous vehicles to deliver its orders? In this segment of Backstage Pass, recorded on Nov. 19, Fool contributors Travis Hoium, Rachel Warren, John Rosevear, and Toby Bordelon discuss t
Ford’s (F) chairman Bill Ford has acquired 2 million shares of the company. According to a report published by Bloomberg, the great-grandson of founder Henry Ford paid $20.5 million in cash for the stock options. The executive used cash to pay for exercise costs. Shares of the automaker fell 1.21% to close at $19.57 on December 9.
Ford is the third-largest automaker in the U.S. The company designs, manufactures, and sells cars, trucks, and automobile parts. It currently makes cars under two names — Ford and Lincoln.
Insider Buying
Following the acquisition, Ford now owns 20 million of the company's shares, including restricted stock. The holdings also include 15 million worth of special class of super-voting stock in the automaker. The holdings are currently valued at about $400 million.
The Ford chair acquiring the shares affirms his belief about the automaker's growth metrics and long-term prospects. In an emailed statement, the automaker reiterated its intentions to create value for all stockholders. (See Top Smart Score Stocks on TipRanks)
The acquisition comes a month after Ford stock rallied to a 20-year high. The rally came as investors bet on the company amid its aggressive push into the burgeoning electric vehicle space. The stock has been on an impressive run, rallying by over 200% since the appointment of Chief Executive Officer, Jim Farley, 14 months ago.
Stock Rating
Last week, RBC Capital analyst Joseph Spak reiterated a Buy rating on Ford and raised the price target to $21 from $17, implying 7.31% upside potential.
Consensus among analysts is a Moderate Buy based on 9 Buys, 3 Holds and 2 Sells. The average Ford price target of $18.69 implies 4.50% downside potential.
Investors just can't stop talking about Rivian (NASDAQ: RIVN). The electric vehicle maker made its blazing public debut in November, but can the company live up to its blistering valuation? In this segment of Backstage Pass, recorded on Nov. 10, Fool contributors Rachel Warren, T
The NASDAQ 100 After Hours Indicator is up 16.28 to 16,165.85. The total After hours volume is currently 68,957,903 shares traded.The following are the most active stocks for the after hours session: Pfizer, Inc. (PFE) is -0.06 at $52.02, with 9,082,265 shares traded. PFE's curr
Investors in Ford Motor Co. (Symbol: F) saw new options become available today, for the January 2022 expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the F options chain for the new January 2022 contracts and identified one put and one call
Rivian (NASDAQ: RIVN) recently went public, and with a valuation above $100 billion, it's fair to say that investors are optimistic about its future. In this Fool Live video clip, recorded on Nov. 22, Fool.com contributors John Rosevear and Matt Frankel discuss Rivian's potential
Doing its best to make up for lost time, Toyota Motor (NYSE: TM) on Dec. 6 announced its intention to construct an electric vehicle (EV) battery factory in North Carolina. The explosion of EV popularity has caught Toyota flat-footed in recent years, and now the Japanese company i
Electric vehicle start-up Fisker (NYSE: FSR) is Henrik Fisker's second attempt at an EV company, and the acclaimed vehicle designer has certainly produced some attractive cars in the past. In this Fool Live video clip, recorded on Nov. 22, Fool.com contributor John Rosevear discu
Alphabet Inc's Waymo risks losing its lead in the U.S. race to prove robotaxis are a viable business as it sticks to a limited service and rivals backed by automakers near their own launches.
The Nasdaq sell-off is bringing once high-flying names to their knees. From the capitulation of Zoom Video Communications and Teladoc to the shredding of DocuSign, Wall Street is showing no patience for slowing growth.
Electric vehicle (EV) stocks have seen significant gains in recent months. With just four weeks to go before the year ends, let's take a closer look at stocks that have gained the most so far in 2021. We'll also discuss how the stocks may fare in the coming year, and beyond.