Ford Motor Company (F ) earnings were in line with consensus and whisper numbers but the company’s commentary about commitment to electric vehicles is encouraging.
F was purchased at an average price of $6.61. It is trading at $11.67 as of this writing. This represents a gain of 76%. This illustrates the power of the ZYX Change Method. Here is a trade where very little risk was taken and there are substantial returns.
When The Arora Report first gave a buy signal on Ford, some investors found it hard to believe. At that time F was left for dead and Wall Street was advising investors to sell.