10 Best Stocks Under $10 to Buy Now

2. Ford Motor Company (NYSE:F)

Share Price: $9.90

Number of Hedge Fund Holders: 45

Ford Motor Company (NYSE:F) is an American multinational automotive manufacturer. Through its Ford and Lincoln brands, the company designs and manufactures a variety of vehicles, including cars, trucks, SUVs, and commercial vans. The company offers fully electric, hybrid, and traditional combustion engine options. Ford Motor Company (NYSE:F) is one of the best stocks under $10 to invest in.

In 2024, the company achieved a record-breaking global revenue of $185 billion and this marked its fourth consecutive year of revenue growth. In the US, Ford Motor Company (NYSE:F) had the largest share of revenue according to the company’s management. Currently, the company is making moves to transform into a higher-growth, higher-margin, and more capital-efficient company under its Ford+ plan. Ford Motor Company (NYSE:F) is improving cost efficiency and product quality by upgrading talent, bringing in third-party experts, and implementing best practices to address operational issues. These efforts helped the company deliver about $500 million of net cost reductions in the second half of 2024. Ford Motor Company (NYSE:F) also continues to integrate AI, data analytics, and new tools and technologies to enhance manufacturing efficiency. The company has already identified over $1 billion in product design cost savings for 2025.