Morgan Stanley's Adam Jonas, an influential auto analyst, has named Fordas his top pick in the auto sector, citing the company's "radically improved product offering" and "levered play on the U.S. housing recovery and European restructuring." Jonas gave the automaker a $17 price target, significantly up from its current $10 share price. In the preceding video, Fool.com industrials analyst Brendan Byrnes explains why Ford is strictly a long-term play but also discusses many significant drivers coming up in the automaker's future.
Despite all signs pointing to success for Ford, the company's stock still seems stuck in neutral. Does this create an incredible buying opportunity, or are there hidden risks that investors need to know about? To answer these questions, Brendan has written a premium research report with in-depth analysis on whether Ford is a buy or a sell, and why. In addition to the report, you'll also receive a full year of updates and guidance -- straight from Brendan -- as key news develops. Simply click here now to learn more and get started.
The article Is Ford the Top Auto Stock to Buy? originally appeared on Fool.com.
Andrew Tonner and The Motley Fool own shares of Ford. Brendan Byrnes owns shares of Ford and General Motors. Motley Fool newsletter services recommend Ford and General Motors. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.