One way to help protect your investments from a potential roller coaster ride in 2021, is to focus on high quality companies that have already taken a tumble and are working their way back up, asserts growth and value expert Jim Powell, editor of Global Changes & Opportunities Report.
One such fallen angel is Ford Motor Company (F); the automaker is continuing to lay the groundwork for what I think will be a history-making industrial remake — and a long-term recovery.
Except for the Mustang and the Bronco, the company’s iconic — but not very profitable — passenger cars are gone. In their place is the Ford line of trucks including the F-250 — the best selling model in the world. An electric F-250 is also on the way.
By the end of the year Ford will also introduce the Mustang Mach-E, an all electric car that will compete with the Tesla Model Y. From the leaked data that I’ve seen of the Mach-E, it should be very popular.
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Also by the end of the year, Ford will launch an updated line of its iconic Bronco SUVs that will compete with Jeeps made by Fiat Chrysler.
At the same time, Ford is forming strategic alliances with Volkswagen (VWAGY), Rivan (an IPO coming this year) and Mahindra (an India-based firm with a global reach) to make a variety of electric vehicles for international markets.
The appeal of Ford is its transition from making traditional fossil fuel cars and trucks to producing all-electric and hybrid vehicles designed for today’s needs — and those of the future. The stock is already on the move, but a great deal more gains should be on the way.
