5 Best Most Active Stocks To Buy Now

Page 5 of 5

1. Ford Motor Company (NYSE:F)

Volume as of October 10: 112.1 Million

Average Volume (3-Month): 68 Million

Number of Hedge Fund Holders: 46

On October 4, Ford Motor Company (NYSE:F) reported that it continues to see strong demand for its vehicles and healthy backlogs. The company reported that it has 244% more retail orders for its 2023 model year vehicles than it did for its 2022 model year vehicles. The stock has been experiencing high levels of activity on Wall Street and as of October 10, Ford Motor Company (NYSE:F) has an intraday trading volume of 112.1 million and is one of the best most active stocks to buy now.

Wall Street is bullish on Ford Motor Company (NYSE:F). On October 5, Morgan Stanley analyst Adam Jonas upgraded Ford Motor Company (NYSE:F) to Overweight from Equal Weight and reiterated his $14 price target.

At the close of Q2 2022, 46 hedge funds were eager on Ford Motor Company (NYSE:F) and held stakes worth $608 million in the company. As of June 30, D E Shaw is the top shareholder in Ford Motor Company (NYSE:F) and has stakes worth $257.6 million in the company.

Here is what Baron Funds had to say about Ford Motor Company (NYSE:F) in its first-quarter 2022 investor letter:

Ford (NYSE:F) is another example of typical industrial manufacturing business executive mindsets. The April 18, 2022, Bloomberg Businessweek cover story features Ford CEO Jim Farley behind the wheel of an electrified Ford F-150 Lightning. The article is titled, “Hey Elon, THIS is a truck.” I thought the article was terrific. One idea especially stood out to me. Since the F-150 is such a popular vehicle, it “argued for a gradual approach to electrification. Essentially the company retrofitted an existing F-150 with an electric powertrain rather than develop an entirely new truck.” No all-in financial and operation bet by this company on electrification.”

You can also take a look at 10 Best Hydrogen Stocks To Buy Now and 13 Best Video Game Stocks To Buy Now.

Page 5 of 5