EV Penny Stocks List: From $10 to Under $1

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1. Ford Motor Company (NYSE:F)

Number of Hedge Fund Holders: 45

Share Price as of April 16 2025: $9.45

Ford Motor Company (NYSE:F) is one of the largest auto manufacturers in the US, specializing in developing Ford trucks, sport utility vehicles and commercial vans and cars. Additionally, the company has embarked on an electrification strategy focused on reaching more customers, improving profitability, and continuing to reduce CO2 in the atmosphere.

Ford Motor Company (NYSE:F) focuses on electric vehicles, including SUVs, pickup trucks, and vans. It plans to launch an electric commercial van and introduce a low-cost EV platform to reduce costs, speed up production, and offer better customization for customers.

Ford Motor Company’s (NYSE:F) edge as one of the best EV stocks to buy stems from its commitment to return value to shareholders. The company has consistently allocated its excess earnings towards dividend payments. In 2024, it paid $3.1 billion in dividends while boasting a 6.03% dividend yield.

While we acknowledge the potential of Ford Motor Company (NYSE:F) as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than F but that trades at less than 5 times its earnings check out our report about this cheapest AI stock.

READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.

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