12 Most Buzzing Stocks to Buy According to Hedge Funds

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8. Ford Motor Company (NYSE:F)

Volume:  63.8 Million

Average Volume (3-Month): 58.8  Million

Number of Hedge Fund Holders: 36

Ford Motor Company (NYSE:F) is an automobile manufacturer that designs, manufactures, and services a variety of vehicles, including trucks, cars, and SUVs. The company has been working to increase its stakes in the electric vehicles segment. Over the past few months, Ford Motor Company (NYSE:F) has accelerated its capabilities in EVs by launching new vehicles and updating existing features. Analysts are also bullish on the stock and their median price target of $11 points to an upside of 8% from current levels.

In the third quarter of 2024, the company reported revenue worth $46 billion, up from $43.8 billion, and net income worth $0.9 billion. Ford Motor Company (NYSE:F) believes it boasts a solid growth opportunity as the industry goes through a transformation. To come to this point, the company has competition in some key areas such as Ford Pro, international operations, and the next generation of electric vehicles. For the full fiscal year of 2024, the company expects free cash flow to range between $7.5-$8.5 billion and projects capital expenditures to reach $8-$8.5 billion.

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