5 Cheap Blue Chip Stocks To Buy

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1. Ford Motor Company (NYSE:F)

Number of Hedge Fund Holders: 47

P/E ratio as of January 25: 5.53

Ford Motor Company (NYSE:F) is an automobile manufacturing company. It is based in Dearborn, Michigan.

JPMorgan’s Ryan Brinkman holds an Overweight rating on Ford Motor Company (NYSE:F) shares as of January 25.

Ford Motor Company (NYSE:F) has a very low P/E ratio of 5.53, showing that at present, the company’s shares are cheaply valued for a company of its reputation. The company’s position in the electric vehicle sector, where sales grew by 223% between December 2021 and December 2022, makes investors optimistic about growth prospects in the long run. The expected growth for the company relative to its current share price shows that Ford Motor Company (NYSE:F) shares are currently trading at a significant discount.

In total, 47 hedge funds were long Ford Motor Company (NYSE:F) in the third quarter, with a total stake value of $1.2 billion.

Follow Ford Motor Co (NYSE:F)

See also 25 Largest Privately Held Companies in the US and 10 Biggest HVAC Companies in the US

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