Ford's Turnaround Gains a Little Steam


The following video is part of our "Motley Fool Conversations" series, in which senior analyst Anand Chokkavelu, CFA discusses topics across the investing world.

Ford got some good news this week. Moody's upgraded its debt to investment grade. Not only will that release debt collateral, including its famous blue oval, as well help lower the cost of any future financings, but it's another step in Ford's turnaround under CEO Alan Mulally. Mulally himself rated the upgrade "way up there on the highlight film" of his tenure at Ford (since he became CEO in 2006). Anand weighs in on the news and reiterates his buy call on Ford.

If you're interested in more good long-term investments, The Motley Fool has compiled a special free report outlining nine dependable, dividend-paying stocks (Ford's dividend yield hasn't quite reached their heights yet). It's called "Secure Your Future With 9 Rock-Solid Dividend Stocks." You can access your copy today at no cost! Just click here to discover the winners we've picked.

At the time thisarticle was published Anand Chokkavelu, CFAowns shares of General Motors and Ford. The Motley Fool owns shares of Ford.Motley Fool newsletter services recommendFord and General Motors. Try any of our Foolish newsletter servicesfree for 30 days. We Fools may not all hold the same opinions, but we all believe thatconsidering a diverse range of insightsmakes us better investors. The Motley Fool has adisclosure policy.

Copyright © 1995 - 2012 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.