Why Is Everyone Talking About Ford Stock?

October 20, 2021

The automaker may be pulling away from the pack during the chip shortage.

Image source: Ford.

Key Points

  • Automakers, including Ford, have seen sales disabled by the computer chip shortage.
  • Ford may have gotten a supply in because its vehicle sales started revving up in September.
  • The automaker is also seeing sales of its EVs take off, too.
Although the computer chip shortage wrecked third-quarter auto sales by causing third quarter auto sales to tumble, the market still finds an investment in Ford to be intriguing.

Ford’s sales for the period were hurt along with most everyone else’s, but it was actually able to beat expectations and management says sales improved as the quarter progressed. Because the automaker also continued its dominance in the truck market and sales of its electric vehicles are revving up, it’s no wonder everyone is talking about Ford’s stock.

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