Time to Buy Ford Stock?
These are crazy days in Detroit and the next few months are going to be live or die for GM and Chrysler. While our local news is all about the GM CEO stepping down (at the request of the White House), the Detroit Free Press has some favorable articles about Ford Motor Company today including:
Why Ford Execs Can Smile
I admit to being a "Ford family" but I do not wish GM and Chrysler any ill-will -- if they go down our local economy will suffer badly (another article today "Metro Detroit Home Prices Fall 22.6% in the Last Year.")
Anyhow, I am seriously wondering if Ford stock might not be a good LONG-TERM investment at this point.