Previous close | 12.92 |
Open | 12.88 |
Bid | 0.00 x 38800 |
Ask | 0.00 x 36200 |
Day's range | 12.87 - 13.36 |
52-week range | 10.61 - 21.05 |
Volume | |
Avg. volume | 51,848,890 |
Market cap | 53.03B |
Beta (5Y monthly) | 1.38 |
PE ratio (TTM) | 13.35 |
EPS (TTM) | 0.99 |
Earnings date | 01 Feb 2023 - 06 Feb 2023 |
Forward dividend & yield | 0.60 (4.68%) |
Ex-dividend date | 10 Aug 2022 |
1y target est | 14.91 |
Ford (NYSE: F) has a long history of making and selling cars, while Rivian (NASDAQ: RIVN) is only recently ramping up the production of electric vehicles. This video will answer which stock is the better buy.
While 2022 was a year for stock price corrections across the electric vehicle (EV) sector, 2023 looks to be a transition year for the businesses themselves. Europe and China are leading the way, with fully electric vehicles accounting for 11% and 19% of all new vehicles sold, respectively. With stock prices down and sales continuing to pick up, investors should look at investing in a diverse mix of EV makers in 2023.
A major impairment charge was rough on Ford's third quarter, but a pivot in strategy could be to the company's benefit.