Ford Stock (NYSE:F) Gains, 'For America From America' Takes Root
Just a few days ago, we brought in word that suggested that legacy automaker Ford's (F) marketing efforts seem to be taking hold, as evidenced by a big win for one dealership. New reports suggest that that win is nowhere near so anecdotal, and seems to be catching on with dealerships all over the United States. That proved welcome news to investors, who sent shares surging nearly 5% in Monday afternoon's trading.
Stay Ahead of the Market:
Discover outperforming stocks and invest smarter with Top Smart Score Stocks.
Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener.
Sentry Ford in Massachusetts, just days ago, saw its best day in months after the 'For America, From America' campaign kicked in, complete with the employee pricing for all. And it turns out that plenty of other dealerships are reporting similar gains. Ford itself reported that dealer showroom traffic is up by 'double digits' after the campaign launched, and the ad itself drew over 41,000 views on YouTube since April 3, when it debuted.
That may not sound like much, but remember: this is a commercial. People were voluntarily going to YouTube to deliberately watch a commercial. Not get served a commercial with whatever content they were going to see. Rather, the commercial was the desired content. Meanwhile, Ford is following up its win with a big print ad in several major publications, including The Wall Street Journal and the Detroit Free Press, among others.
Back to the Nurburging
Remember when Ford headed off to the Nurburgring test track to show off the power of the Ford Mustang? We followed that news for weeks until discovering that, indeed, America's fastest car, and one of the world's fastest, was indeed the Ford Mustang. Now, Ford is heading back to the Nurburgring to take another shot at the world-famous track.
After the successful run back in December got formally announced, Jim Farley told everyone that Ford would be back with 'the ultimate 'Stang.' And reports suggest that Ford may be eyeing the top slot for itself. But that will be a challenge, though; the current record, the Mercedes-AMG One, currently stands at six minutes, 29 seconds for a lap. That is 29 seconds faster than the Mustang, reports note, and getting 29 seconds off a lap at Nurburgring is a tall, if not impossible, order to fill.
Is Ford Stock a Good Buy Right Now?
Turning to Wall Street, analysts have a Hold consensus rating on F stock based on three Buys, eight Holds and three Sells assigned in the past three months, as indicated by the graphic below. After a 14.03% loss in its share price over the past year, the average F price target of $9.81 per share implies 0.56% upside potential.
See more F analyst ratings
Disclosure
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Global News
2 hours ago
- Global News
Public divided on Bill 5 but say Indigenous rights are more important than speed: poll
Public sentiment is divided on the Ford government's controversial new mining law, according to fresh polling, which indicates people are in favour of speeding up projects but not at the expense of First Nation rights or labour laws. New polling from Liason Strategies for the National Ethnic Press and Media Council of Canada gauged the mood of Ontarians as the government passed Bill 5 into law. The legislation makes a number of changes, among them is the power for the government to create so-called special economic zones, where municipal, environmental or labour laws could be bypassed. The government has indicated the Ring of Fire will be one such area, potentially along with Highway 401 and Ontario's fleet of nuclear power stations. The law's passage at Queen's Park last week sparked a storm of protests and backlash from First Nations leaders, who fear it will infringe on their rights and labour unions, who worry about workers' rights. Story continues below advertisement First Nations groups, in particular, have promised a summer of disruption in response to the legislation — potentially blocking railways, highways and mines in the north. Get breaking National news For news impacting Canada and around the world, sign up for breaking news alerts delivered directly to you when they happen. Sign up for breaking National newsletter Sign Up By providing your email address, you have read and agree to Global News' Terms and Conditions and Privacy Policy Liaison's polling shows public opinion on the legislation itself is evenly split. About half of those polled (49 per cent) said they were following the legislation somewhat or very closely as it passed through the legislature. Opinion of its value was also split. Forty-four per cent of those polled said they were in favour of it, while 41 per cent said they were opposed. Fifteen per cent of people said they were unsure. 'Given the poll's margin of error, this is a pretty close result,' David Valentin, principal at Liason Strategies, said in an interview on Focus Ontario. 'It's not probably where the premier wants to see it, which is somewhere closer to 60 or 65 per cent, but it's also not where the opposition would like to see it, with overwhelming opposition. So, we've got a sort of mixed result.' The poll also asked people to rank various issues against the importance of fast-tracking key construction projects. Sixty-three per cent of respondents said fast-tracking was more important than municipal bylaws, and 58 per cent favoured speeding up projects over following environmental regulations. Story continues below advertisement On the other hand, 64 per cent of people said respecting Indigenous rights was more important than speeding up projects, and 56 per cent of those polled said it was more important to follow labour laws than to speed up projects. The polling points to public opinion sitting behind two groups who have been most vocal in their opposition to Bill 5. 'It shows you that when it comes to Indigenous leaders and labour leaders, they've gotten their message out, their message has resonated, and Ontarians agree with them: Yeah, you can speed up the process, but you're not going to suspend labour laws,' Valentin said. Last week, Bill 5 received Royal Assent and became law, with Ontario Premier Doug Ford saying he wants to designate the Ring of Fire as a special economic zone 'as quickly as possible.' At the same time, the government is promising to consult with First Nations leaders before any major changes are made using the new powers. Valentin said the lack of examples for what a special economic zone will be was potentially making it harder for people to form a strong opinion in favour or against the legislation. 'What does it actually mean? Which regulations, which laws are going to be suspended? Which groups are ultimately going to be impacted?' he said. 'They've written the law so they can do a lot of things — OK, what are the specifics of that going to be? I think that might be why people perhaps have a hard time understanding what the ultimate effects of the bill are.'
Winnipeg Free Press
11 hours ago
- Winnipeg Free Press
US Open '25: Decades ago under dark of night, Oakmont began removing trees and started a golf trend
Last month, Scottie Scheffler made mention of a trend in golf design that rubs him wrong — removing trees from courses. This week, the world's best player and favorite to win the U.S. Open will play a course that did just that, but didn't become one bit easier the way some layouts do when the trees go away. Under the dark of night three decades ago, the people in charge of Oakmont Country Club started cutting down trees. They didn't stop until some 15,000 had been removed. The project reimagined one of America's foremost golf cathedrals and started a trend of tree cutting that continues to this day. While playing a round on YouTube with influencer Grant Horvat, Scheffler argued that modern pro golf — at least at most stops on the PGA Tour — has devolved into a monotonous cycle of 'bomb and gouge': Hit drive as far as possible, then gouge the ball out of the rough from a shorter distance if the tee shot is off line. 'They take out all the trees and they make the greens bigger and they typically make the fairways a little bigger, as well,' Scheffler said. 'And so, the only barrier to guys just trying to hit it as far as they want to or need to, it's trees.' With or without trees, Oakmont has stood the test of time Scheffler and the rest in the 156-man field that tees off Thursday should be so lucky. While the latest Oakmont renovation, in 2023, did make greens bigger, fairways are never wide at the U.S. Open and they won't be this week. Tree-lined or not, Oakmont has a reputation as possibly the toughest of all the U.S. Open (or any American) courses, which helps explain why it is embarking on its record 10th time hosting it. In the two Opens held there since the tree-removal project was completed, the deep bunkers, serpentine drainage ditches and lightning-fast greens have produced winning scores of 5-over par (Angel Cabrera in 2007) and 4 under (Dustin Johnson in 2016). In an ironic twist that eventually led to where we (and Oakmont) are today, the layout was completely lined with trees in 1973 when Johnny Miller shot 63 on Sunday to win the U.S. Open. That record stood for 50 years, and the USGA followed up with a course setup so tough in 1974 that it became known as 'The Massacre at Winged Foot' — won by Hale Irwin with a score of 7-over par. 'Everybody was telling me it was my fault,' Miller said in a look back at the '74 Open with Golf Digest. 'It was like a backhanded compliment. The USGA denied it, but years later, it started leaking out that it was in response to what I did at Oakmont. Oakmont was supposed to be the hardest course in America.' It might still be. In a precursor to what could come this week, Rory McIlroy and Adam Scott played practice rounds last Monday in which McIlroy said he made a 7 on the par-4 second and Scott said he hit every fairway on the front nine and still shot 3 over. Nicklaus: Trees should only come down 'for a reason' While Oakmont leaned into tree removal, there are others who aren't as enthused. Jack Nicklaus, who added trees to the 13th hole at Muirfield Village after seeing players fly a fairway bunker on the left for a clear look at the green, said he's OK with tree removal 'if they take them down for a reason.' 'Why take a beautiful, gorgeous tree down?' he said. 'Like Oakmont, for example. What's the name of it? Oak. Mont. What's that mean? Oaks on a mountain, sort of. And then they take them all down. I don't like it.' A lot of Oakmont's members weren't fans, either, which is why this project began under dark of night. The golf course in the 1990s was barely recognizable when set against pictures taken shortly after it opened in 1903. Architect Henry Fownes had set out to build a links-style course. Dampening the noise and view of the Pennsylvania Turnpike, which bisects the layout, was one reason thousands of trees were planted in the 1960s and '70s. 'We were finding that those little trees had all grown up and they were now hanging over some bunkers,' R. Banks-Smith, the chairman of Oakmont's grounds committee when the project began, said in a 2007 interview. 'And once you put a tree on either side of a bunker, you lose your bunker. So, you have to make a decision. Do you want bunkers or do you want trees?' Oakmont went with bunkers – its renowned Church Pew Bunker between the third and fourth fairways might be the most famous in the world – and thus began a tree project that divides people as much today as it did when it started. 'I'm not always the biggest fan of mass tree removal,' Scott said. 'I feel a lot of courses that aren't links courses get framed nicely with trees, not like you're opening it up to go play way over there.' Too many trees, though, can pose risks. Overgrown tree roots and too much shade provide competition for the tender grasses beneath. They hog up oxygen and sunlight and make the turf hard to maintain. They overhang fairways and bunkers and turn some shots envisioned by course architects into something completely different. They also can be downright dangerous. In 2023 during the second round of the Masters, strong winds toppled three towering pine trees on the 17th hole, luckily missing fans who were there watching the action. 'There are lots of benefits that trees provide, but only in the right place,' said John Fech, the certified arborist at University of Nebraska who consults with the Golf Course Superintendents Association of America. When Oakmont decided they didn't want them at all, many great courses followed. Winged Foot, Medinah, Baltusrol and Merion are among those that have undergone removal programs. Five years ago, Bryson DeChambeau overpowered Winged Foot, which had removed about 300 trees, simply by hitting the ball as far as he could, then taking his chances from the rough. It's the sort of golf Scheffler seems to be growing tired of: 'When you host a championship tournament, if there's no trees, you just hit it wherever you want, because if I miss a fairway by 10 yards, I'm in the thick rough (but) if I miss by 20, I'm in the crowd,' Scheffler told Horvat. Thursdays Keep up to date on sports with Mike McIntyre's weekly newsletter. How well that critique applies to Oakmont will be seen this week. ___ AP Golf Writer Doug Ferguson contributed. ___ AP golf:
Winnipeg Free Press
a day ago
- Winnipeg Free Press
Alex Bowman hits wall at Michigan as his rough stretch continues in NASCAR Cup Series
BROOKLYN, Mich. (AP) — Alex Bowman hit a wall with the front end of his No. 48 Chevrolet as part of a multi-car crash in the NASCAR Cup Series race at Michigan on Sunday. Bowman got out of the car on his own and walked to an ambulance that transported him to the infield for an evaluation, which he passed. 'That hurt a lot,' he said. 'I've taken a lot of hits.' Austin Cindric's No. 2 Ford made contact with Cole Custer's No. 41 Ford and Daniel Suarez's No. 99 Chevrolet, leading to Bowman colliding with the wall on lap 67 of the 200-lap race. Bowman, who drives for Hendrick Motorsports, came to Michigan 12th in points and will drop in the standings after this latest setback. He has finished 27th or worse in seven of his last nine starts and didn't finish for a third time during the rough stretch. Bowman was in the top 10 in five of the first six races this year, including a runner-up finish at Homestead-Miami in March. He earned his eighth career Cup Series victory last year at Chicago. Winnipeg Jets Game Days On Winnipeg Jets game days, hockey writers Mike McIntyre and Ken Wiebe send news, notes and quotes from the morning skate, as well as injury updates and lineup decisions. Arrives a few hours prior to puck drop. ___ AP auto racing:
