An auto stock should have a p/e of no more than 15. It's a value play not a fast growing tech stock. Ford has a forward p/e of 48 which makes it way overvalued. This is a 4.00 or 5.00 stock at best. People buying here are bag holders. $Ford(F)$
An auto stock should have a p/e of no more than 15. It's a value play not a fast growing tech stock. Ford has a forward p/e of 48 which makes it way overvalued. This is a 4.00 or 5.00 stock at best. People buying here are bag holders. $Ford(F)$
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