5 Robinhood Stocks To Buy That Are Too Cheap To Ignore

2. Ford Motor Company (NYSE:F)

Number of Hedge Fund Holders: 47

Share Price as of November 28: $14.08

Ford Motor Company (NYSE:F) is an automobile manufacturer based in Dearborn, Michigan. The company designs and manufactures a range of Ford trucks, cars, sport utility vehicles, EVs, and Lincoln luxury vehicles.

On October 27, analyst Adam Jonas reiterated an Overweight rating on Ford Motor Company (NYSE:F).

In the third quarter, Ford Motor Company (NYSE:F) reported strong results beating consensus estimates on the topline and lifting its full-year EBIT guidance. The company’s EPS was $0.30, in line with estimates, while its revenue from automotive was $37.2 billion, showing an annual growth of 12% and beating estimates by $90 million. The company has also lifted its 2022 outlook, raising its EBIT guidance to $11.5 billion, demonstrating a 15% growth year-over-year.

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

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