10 Best Robinhood Stocks Under $20

7. Ford Motor Company (NYSE:F)

Number of Hedge Fund Holders: 41

Share Price as of June 12: $12.08

Ford Motor Company (NYSE:F) is a Michigan-based company that is engaged in the development, delivery, and servicing of a range of trucks, commercial cars and vans, sport utility vehicles, and luxury vehicles. The company is one of the best Robinhood stocks under $20 and provides its vehicles under the Ford and Lincoln brands.

On June 4, Ford Motor Company (NYSE:F) announced its May sales figures with US vehicle sales increasing 11% from a year-ago period to 190,014 units. Electric vehicle sales were up 64.7% and hybrid vehicle sales grew by 64.5% to 8,966 and 17,631 vehicles, respectively.

Ford Motor Company (NYSE:F) is one of the most dominant players in its respective industry and it is one of the top 5 stocks Democrats and corporate Insiders are buying. The company has an impressive balance sheet with $25 billion in cash and close to $43 billion in liquidity. The recent renewal of $18 billion in corporate credit facilities further strengthens Ford Motor Company’s (NYSE:F) financial flexibility. On top of that, the company has a strong focus on shareholder returns. It is committed to returning 40% to 50% of adjusted free cash flow to shareholders, along with a regular quarterly dividend. As of June 12, the company has a dividend yield of 5.1%.

Ford Pro is one of the key growth drivers of Ford Motor Company (NYSE:F). In Q1, Ford Pro’s revenue surged by 36%, with a 21% increase in wholesales. The segment delivered an impressive EBIT of $3 billion, with a margin of 16.7%. This growth is fueled by increased production and a richer mix of Super Duty and Transit vehicles, along with higher net pricing. Additionally, software and physical services now contribute 13% to Ford Pro’s EBIT, with expectations to reach 20% in the coming years. This high-margin revenue stream shows Ford Pro’s long-term growth potential.

As of Q1, 41 hedge funds held stakes in Ford Motor Company (NYSE:F), with positions worth $1.54 billion. As of the first quarter, Fisher Asset Management is the biggest shareholder in the company and has a position worth $830.301 million.