Kicking the Tires at Ford Motor

The automaker's stock remains depressed after a run of gloomy news. BW's Gene Marcial thinks it's a compelling opportunity for long-term investors

It isn't raining but pouring bad news at Ford Motor (F). The automaker's stock, which sold as high as 67 a share some 10 years ago, tumbled to a new low of 4.95 on Mar. 17, 2008. It has since inched up to 6.75 as of May 30, but that's still an awfully low price. At that price—less than the cost of two gallons of gasoline—Ford stock is a fire-sale bargain.

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