Can Ford Keep Its Momentum Going? (F, TM)
By Benzinga Staff
March 18, 2010 1:43 PM
March 18, 2010 1:43 PM
NEW YORK (TheStreet) -- The price of Ford (NYSE: F) stock reached a five-year high Thursday after Moody's Investors Service boosted Ford and Ford Motor Credit ratings. But can it keep up this momentum?
Many equity analysts think Ford still potential to do so, despite being up against the weakened, but still formidable rival Toyota (NYSE: TM); yet offer some cautionary notes. Ford stock hit an intraday high of $14.15 a share Thursday, up 4.9%, and reaching levels not seen since January 2005.
Read the rest of this story on TheStreet.
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