$F- Ford Motors – Bullish (Short – Mid Term)
The Consumer Electronic Show unveiled a novel integration of Ford Motors with Amazon – “Ford’s in car software” which will be connected to home devices. Ford will be accelerating from an auto company to an auto and a mobility company. Ford cars may soon drive by themselves, communicate with homes and even with drones!
Ford’s 2015 F-150 is hitting full stride and SUV sales continue to boom in America. Adding to this, there has been a decline in the gasoline prices in the US which has led to higher sales volume for automakers. Analysts have a bullish outlook for the auto industry.