Nasdaq F Ford

General Motors (NYSE: GM) is often thought of as a "legacy" automaker, but the reality is that the company is making some big moves in the electric vehicle and autonomous transportation industries. In this Fool Live video segment, recorded on July 16, Fool.com contributors Matt F

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(RTTNews) - Automakers in America and the United Auto Workers or UAW union said on Tuesday that they will once again make masks mandatory at all U.S. plants, offices and warehouses from Wednesday onwards. The Union is not asking for the workers to be vaccinated. This decisio

Nikola Corp on Tuesday halved its annual deliveries estimate and slashed its revenue forecast as supply chain issues drove delays in receiving certain parts, dragging the electric-truck maker's shares down 7.6%.

Detroit's Big Three automakers and the United Auto Workers (UAW) union said on Tuesday they will reinstate requirements to wear masks at all U.S. plants, offices and warehouses beginning on Wednesday but are not requiring workers to be vaccinated.

Even some of the manufacturers who were worst hit by the global semiconductor shortage have the chance for redemption. Unfortunately for auto producers, just as economies began to roar back to life, they were faced with another worldwide crisis. The Ford Motor Co. (F) was one of the most affected manufacturers, but that can also mean its future will look great in comparison. (See Ford stock charts on TipRanks)  

Ford’s June quarterly results and outlook were discussed by Michael Ward of Benchmark Co., who wrote that the company had beaten Wall Street’s consensus on earnings, as well as eased concerns about the shortage.  

Ward reiterated a Buy rating on the stock, and assigned a new price target of $18. This target is an upgrade from his previous $16, and now reflects a potential 12-month upside of 29.40%.  

The five-star analyst explained that despite Ford’s upbeat earnings, they were still lower than the previous quarter. Sales from North America and Ford Motor Credit (Ford’s financial services body) carried the earnings, with support from restructuring in South America and elsewhere.  

Regarding the chip shortage, Ward stated that Ford was able to mitigate costs and “prioritize mix to keep income positive.” From here on out, the analyst believes the issue will recover, or at least lessen in severity. The second half of FY21 may see a chip replenishment, which could signal strong upside for a hard-hit company like Ford.  

The improving global market is allowing for production to gain momentum, with Ford seeing strong orders for many of its new products, including the all-electric "Lightning" pickup truck. 

On TipRanks, F has an analyst rating consensus of Moderate Buy, based on 8 Buy and 5 Hold ratings, and 1 Sell rating. The average Ford price target is $16.24, suggesting a possible 12-month upside of 16.75%. Ford closed trading Monday at a price of $13.91 per share.  

Disclaimer: The opinions expressed in this article are solely those of the featured analyst. The content is intended to be used for informational purposes only. It is very important to do your own analysis before making any investment. 

BMW and Stellantis became the latest major carmakers to warn on Tuesday that the global semiconductor chip shortage that has bedeviled the industry this year will drag on throughout 2021 and beyond, hitting production and sales.

By Stjepan KalinicThis article first appeared on Simply Wall St News.

The First Trust Lunt U.S. Factor Rotation ETF is seeing unusually high volume in afternoon trading Monday, with over 778,000 shares traded versus three month average volume of about 47,000. Shares of FCTR were up about 0.6% on the day.

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India's biennial car show scheduled to be held in February has been postponed due to the COVID-19 pandemic and the looming threat of a third wave of infections, the Society of Indian Automobile Manufacturers (SIAM) said on Monday.

Unfortunately, investing is risky - companies can and do go bankrupt. But when you pick a company that is really flourishing, you can make more than 100%. For example, the Ford Motor Company (NYSE:F) share price has soared 111% return in just a single year. It's also good t

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Volkswagen's top three brands on Friday pointed to an ongoing shortage of automotive chips that could intensify in the coming months, highlighting the industry's difficulty in tackling the issue.

Are These The Best EV Stocks To Buy Before Next Month? As investors look for the next big industry in the stock market, electric vehicle (EV) stocks come to mind easily. After all, investors would be looking towards long-term growth, and the EV industry seems to fit this category

U.S. stocks ended higher on Thursday, boosted by robust U.S. earnings and forecasts, while data showed the economy recovered to pre-pandemic levels in the second quarter.