Ford (F) Expected To Book $8.2B 4Q Profit On Rivian (RIVN) Investment

Ford Motor Co. (F) is today’s Under 30 stock. George Tsilis, Contributor at the TD Ameritrade Network, joins Alex Coffey and Jenny Horne to discuss F as it is up over 120% this year. They talk about how F is expected to book $8.2B 4Q profit on a Rivian (RIVN) investment. They also go over how F is doing well because they have been able to mix into markets creating commercial, rental, and governmental vehicles. They then go over how F has been downgraded to hold from buy at Jefferies, but raised its price target to $25 from $20. Finally, they compare Ford’s E.V. mission with Tesla’s (TSLA). Tune in to find out more.