Ford Could Make $500 Million From AI. Is Now the Time to Buy?
Hold your horses on buying Ford right now.
Ford Could Make $500 Million From AI. Is Now the Time to Buy?
Overview
Ford (NYSE: F) made a big move in May when it announced plans to launch an energy storage business called Ford Energy.
Ford stock soared 47% last month mostly on the news of the company's new endeavor, and investors are likely excited by analysts' predictions that the new business could generate $500 million in operating profit for Ford by 2030.
Details
With this new entry storage business about to launch, is now the time to buy Ford stock? Here's why investors may want to hold off on making that move.
Source
Originally published at www.fool.com.
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