8 Top Auto Stocks to Buy In 2021

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8. Ford Motor Co. (F)

Ford Motor Company is the largest legacy automaker in the United States, with revenue of $156 billion in 2019. After struggling to produce consistent results in recent years, Ford reported a net income of $2.4 billion in the third quarter, and Murphy believes the strong numbers could be a sign of better days ahead in 2021. Because of its “global redesign” initiative and upcoming model launches, Murphy believes Ford is in the early stages of an earnings upswing. F stock has a “buy” rating and a $10.50 price target from Bank of America.


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