Ford Motor Company (F): Can It ‘Muscle’ Higher?

Ford will keep on trucking
Finally, Ford is taking advantage of a rebound in the housing market to push its domestic-leading brand of trucks. The Ford F-Series had previously been the best-selling vehicle in the United States — not just truck, but vehicle — every month from November 1991 through April 2007. Even having lost that “king of the mountain” status, it’s still turned in an incredible performance.

GM only recently updated its Silverado and Sierra from a body style that hadn’t changed much since 2006, allowing the F-Series to retain much of its market share. Even now, with Silverado and Sierra redesigns lighting up GM’s truck sales, Ford’s F-Series accounted for 35% of all pickup sales in March in the United States.

It’s time to hit the gas
We’re far enough removed from the recession now that I can suggest hitting the gas on Ford. The company’s growth in China, while consistently maintaining its market share in the U.S. over the previous five years, gives me enough reason to believe that Ford Motor Company (NYSE:F) will stay healthfully profitable. Combine that with the company’s focus on innovation and value derived from an incredible CEO, and I have more than enough reasons to be excited about Ford. At less than eight times forward earnings and a 3% yield, I’d say I definitely like what I’m seeing under the hood.

The article Can Ford Muscle Higher? originally appeared on Fool.com.

Fool contributor Sean Williams has no material interest in any companies mentioned in this article. You can follow him on CAPS under the screen name TMFUltraLong, track every pick he makes under the screen name TrackUltraLong, and check him out on Twitter, where he goes by the handle @TMFUltraLong.The Motley Fool owns shares of, and recommends, Ford. It also recommends General Motors.

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