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Ford Stock: The Good, the Bad, and the Ugly
After a turbulent 2022 for the automotive industry, investors were thrilled when General Motors posted surprisingly strong fourth-quarter results. The better-than-expected earnings on strong revenue drove GM stock higher, and it also pulled competitor Ford Motor Company (NYSE: F) stock higher in anticipation it would have similar results. Worse yet, Ford management didn’t have many details about its plan to fix its problems — at least, not yet.
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