Ford gives you a cheap way to gain from EVs

Article Excerpt

Carmakers continue to face long-term challenges. That includes slowing demand from millennials for new cars and the general shift away from gasoline-powered vehicles. However, top automaker Ford is in a strong position to overcome those obstacles and fuel gains for its investors. The company is investing heavily in promising new technologies, including electric vehicles (EVs) and self-driving cars. Ford is also shifting its focus to more-profitable trucks and SUVs. Those moves should boost your shares and your dividends over the next few years. FORD MOTOR CO. $9.54 remains a buy for aggressive investors. The company (New York symbol F; Aggressive Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 3.9 billion; Market cap: $37.2 billion; Price-to-sales ratio: 0.2; Dividend yield: 6.3%; TSINetwork Rating: Extra Risk; www.ford.com) is the second-largest automaker in the U.S. after General Motors (New York symbol GM) with about 14% of the market. Its overseas operations supply around 40% of its sales. Investors continue to benefit from the company’s steadily rising sales. They climbed…