$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.
However, in the long run, we need to stay tuned Ford’s long term strategy in Russian markets. Despite the current situation of declining economy of Russia, Ford Motors has not pulled out of the market. Ford’s sales in Russia fell by 40% to approximately 34000 units last year, and it is considering exporting the vehicles. According to Reuters, Ford can produce as many as 350,000 cars annually in Russia. The feasibility of the strategy would depend on demand- supply possibility for the 300,000 cars outside of Russia.
There is also a possibility of spike in the prices for $AMZN due to the deal with $F!
$VUZI – Vuzix Corporation – Bullish (Short – Medium Term)
Vuzix Corporation, despite many investors having shorted the stock, the sentiment remains positive. It recently partnered with Atheer, a pioneer of AiR (Augmented interactive Reality) computing. This brings in new possibilities to the new age tech company. According to analysts, the Return on Investments (ROI) for Vuzix Corporation is 38.5%.
Vuzix Corp and XOEye Tech have successfully delivered their large- scale roll-out of smart glasses to Lee Company. Lee Company has standardized the wearable technology solutions and looks forward for improved operational efficiency and workflows. If all goes well, many companies may follow suit.