STOCKS TELEGRAPH

Tag: Ford Motor

  • Five Best Under 20 Dollar Stocks To Invest

    Which investor does not love a good bargain? Not everyone seeks stocks trading in the thousand-dollar brackets. For some, lower-priced stocks trading under 20 Dollars are ideal to accumulate in anticipation of growth. Stocks of this category are especially ideal for those that do not possess large amounts of cash and are looking to periodically up their stakes with modest savings over time. Through this, even those financially struggling can gain access to the world of stocks in anticipation of capital appreciation over time and dividend payments.

    $20 bills

    Present bearish market conditions have pushed quite a few once-pricey stocks to levels beneath the $20 mark. In cases of market overreaction, such stocks are ideal to buy, given the heavy discount at which they are presently trading. In light of these opportunities, we bring to you in this article, our list of top 5 stocks you can buy for under 20 Dollars.

    Algonquin Power and Utilities

    The first stock on our list is Algonquin Power and Utilities (NYSE: AQN). AQN is of the emerging names in the alternate energy industry, bound to go big as a result of the tailwinds supporting the clean energy transition. With a presence in North America, Chile, and Bermuda, the company sees substantial exposure within the western hemisphere.

    Given its positioning as a utility company, Algonquin has revenues that stand heavily regulated, making it a safe investment with predictable cashflows. Despite this safety against internal volatilities, AQN has still managed to grow its revenue in the first quarter of 2022, to $735 million, reflecting 16% year-on-year growth.

    Another aspect to AQN is its healthy dividend, yielding at over 5.3%, which is typically unheard of for a $14 stock. This feature makes it extremely attractive to investors looking to receive an income from their modest savings. Moreover, its management has committed to a 10% payment increase on an annual basis.

    AQN is a safe stock under 20 Dollars, yet one that holds tremendous upside potential. The markets it covers are substantial in the context of the broader clean energy transition. Buying and holding the stock, therefore, offers significant growth exposure, as well as a decent income in the meantime, which only rises with time.

    Harmonic Inc

    Number two on our list is Harmonic Inc (NASDAQ: HLIT). Harmonic provides software and products that offer solutions for video delivery. It also offers video processing appliances and network management tools.

    Given some strong secular tailwinds, as well as the company’s impressive performance in recent years, Harmonic is bound to climb high. As a result of the wider push towards digitization across the globe, and the need for more data, the upside potential in the IT realm in general remains substantially high.

    Harmonic, through innovation and dynamic flexibility, has strategically played its cards in recent years. Its expansion focused on the markets of Europe, the Middle East, and Africa, as well as in the Asia-Pacific, has delivered to its stellar financial performance, and a robust balance sheet. In just the most recent financial quarter, HLIT saw year-on-year revenue growth of almost 40%. This was in large part driven by the company’s expansion towards rural markets.

    Similarly, its operating margin has improved to 4%, which is a five-year high for the company, indicating its improvement in efficiency, as it continues to scale upwards

    What remains most impressive about HLIT is its ability to sustain much larger operational demand. This is due to its solid financial fundamentals, and robust balance sheet. This can only mean an even more impressive revenue growth trend, and enhanced profitability. In light of the direction the stock is taking, HLIT is bound to see a rise. Cashing in early on this $11 stock would be a prudent investment decision.

    Ford Motor Company

    The third stock under 20 dollars on our list is a renowned motor vehicle champion, Ford Motor Company (NYSE: F). Ford, being a name so popular in the motor world, surprisingly does not command the same level of hype amongst financial investors. This remains surprising, especially given its electrifying performance, even in comparison to some of its largest peers. For instance, in the second quarter of 2022, Ford Motor reported revenue growth of almost 60% on a year-on-year basis. In comparison, Tesla, which many call the growth king, saw its revenue for the same period rise by a mere 42%.

    Similarly, its earnings per share of $2.70, given a share price of over $16 is especially impressive, which puts the company on a number 1 industry ranking, based on the Quant standard. Ford’s PE ratio stands at 5.4, which is the lowest amongst auto-manufacturing stocks. In comparison, General Motors stands at a PE figure of 7.1, Honda Motor at 8.4, Ferrari NV at over 40, Toyota at 11, and Tesla at a staggering 110.

    On a comparative basis, therefore, Ford stands as the most undervalued car stock out there. The fact that such a renowned name is available for only under 20 Dollars indicates a substantial buying opportunity.

    Snap Inc

    The fourth stock we present is Snap Inc., (NYSE: SNAP). Snap is the owner of the once social media favorite camera-based application, Snapchat. Reports of the company’s declining revenue trend, coupled with bearish market conditions have resulted in its stock taking a heavy beating. SNAP is down by almost 90% in the last 12 months, in its plummet from $80 to a mere $12. Such investor panic is due likely to the wider macroeconomic headwinds that have taken down even giant stocks. Despite this, however, Snap’s user metrics remain solid, indicating that market overreaction may have played a role in its price fall. This, therefore, suggests an attractive entry point for those looking to buy the dip.

    The core investment motivator for Snap remains in the company’s innovation. With significant augmented reality tools in its application, the company stands well-suited to take off in the midst of the metaverse phenomenon. To add, the company has been investing heavily in enhancing and expanding its services within the Snapchat platform, owing to its strong financial position. Snap’s annual revenue for 2021 totaled $4.1 billion and is expected to stand at $4.6 billion and $5.4 billion for 2022 and 2023, respectively.

    Moreover, the company has publicly announced its commitment to a share repurchase program, worth $500 million. Given its future growth potential, following its overselling, this under-20 dollar stock presents a ripe opportunity for those looking to grab onto this rising trajectory and want to invest in best-value stocks for 2022.

    Robinhood Markets Inc

    The final stock under 20 dollars on our list is the financial services provider, Robinhood Markets Inc. (NASDAQ: HOOD). The stock is down almost 80% from $70 to a mere $8. However, in early August 2022, HOOD saw double-digit revenue growth, pushing its price up to almost $11. This was triggered by its better-than-expected earnings release for the second-quarter results of 2022. Revenue per user had seen a significant increase, whereas EBITDA loss had been impressively narrowed.

    Facing a declining trend of new users, the management was compelled to undertake a massive cost restructuring program, in order to push the company once again in the domain of financial sustainability. The improvement in performance figures indicates the success of this strategic approach. The company has committed to lowering its headcount by 23%, and its operational costs by almost 30%.

    Robinhood further stands capable of driving all the necessary changes to restructure to ensure growth and profitability. At present, its cash balance stands at $6 billion, which is equivalent to nearly 70% of the company’s market capitalization. This not only allows the company to remain safeguarded against short-term losses but is also a major point of attraction for value investors.

    As Robinhood continues to chip away at inefficiencies and streamline itself on the basis of its user trends, the company’s profit-earning capability sees further enhancement. Sticking to this path, it is highly likely for HOOD to top the $20 mark among best-value stocks for 2022.

    Conclusion

    The world of investment offers a wide range of options to choose from. From penny stocks less than a dollar to those trading at thousands of dollars. Often enough though, the investor seeks an affordable stock that is not prone to heavy volatility. Under 20 Dollar Stocks are ideal for this purpose. They are affordable and can be gradually staked up with savings over time. Each of the stocks presented in this article offers exposure to some phenomenal growth trajectories and money makers to those looking to make an entry into the world of investing.

  • Q4 & FY21 Results: Ford Motor Company (F) Further Down After Hours

    On February 03, Ford Motor Company (F) announced financial results for Q4 and fiscal 2021. Consequently, the stock plunged further in the after hours.

    At a near-average volume of 103.02 million shares, F stock lost 3.59% during the regular trading session. F stock closed the session at $19.89 while it did see a high of $20.62. Following the announcement, the stock went down by a further 4.17% at an after-hours volume of 13.62 million shares. Thus, the stock was trading at $19.06 apiece in the after-hours on Thursday.

    The automobile company, Ford Motor Company has a market capitalization of $82.44 billion. Currently, the company has 3.93 billion shares outstanding in the market. F stock has lost 4.24% year to date, while it increased by 74.93% last year.

    Ford stock’s Key 2021 Financials

    The company reported revenue of $37.7 billion for Q4 2021 and $136.3 billion for fiscal 2021. This shows the growth of 5% YOY and 7% YOY, respectively.

    Moreover, Ford (F) had adjusted non-GAAP diluted EPS of $0.26 and $1.59 in Q4 and fiscal 2021, respectively. This compares to respective EPS of $0.34 and $0.36 in Q4 and fiscal 2020.

    Additionally, the company sold a total of 1,104 automobiles in Q4 2021, against 1,238 in the year-ago quarter. While the total automobiles sold were 4,187 in fiscal 2020, Ford (F) sold only 3,942 in fiscal 2021.

    The company had adjusted EBIT of $10.0 billion and adjusted free cash flow of $4.6 billion in fiscal 2021.

    Future Outlook

    Along with the financial results, the company also provided guidance for the ongoing year 2022. Ford (F) expects adjusted EBIT between $11.5 billion and $12.5 billion for fiscal 2022. Therefore, marking year-over-year growth of 15% to 25%.

    Furthermore, the company also expects adjusted free cash flow between $5.5 billion and $6.5 billion for fiscal 2021.

    In addition, the company intends to declare its Q1 2022 results on April 27, 2022.

    Ford (F)’s Recent Updates

    On February 02, the company announced its January 2022, U.S. sales results. According to the results, the company booked more than 90,000 new vehicle orders in January. This shows an increase of 71,000 from January 2021 and 20,000 from December.

    While the overall industry was down by 9.0%, the company’s share increased by 1.3% from last year.

    Conclusion

    While the company beat its revenue expectations, it missed earnings and vehicles sold in the quarter. The company also posted an unimpressive forecast for 2022 amid the ongoing semiconductor shortages. Therefore, F stock went down in the after-hours on Thursday.

  • Best EV Stocks to Buy Now

    Best EV Stocks to Buy Now

    When we talk about the Electric Vehicle or the EV stock market, what’s the first thing that pops into your mind? Tesla Inc (TSLA) might be the company that comes to your mind if you have kept up with the mainstream trends around EV. That’s because we have heard about Tesla as the world leader and pioneer of the electric vehicle market.

    And we have heard about Elon Musk, the CEO of Tesla, who launched the TESLA Roadster into space as one of the most phenomenal marketing tactics ever. And if you have heard of Tesla, chances are, you have heard about the Chinese EV company NIO that is fiercely competing and trying to emerge as an EV leader in China.

    However, if you are looking to invest in the EV market, you need to take few steps back from what the mainstream topics and trends are telling you. According to a new market research report, the EV market is growing and is only in the nascent stage despite being a $1656.9 billion worth global market. The EV market is expected to grow at a compound annual growth rate of 33.6% from 2020 to $2495.4 billion in 2027.

    Before we dive into the top EV stocks you can invest in let’s take a look at what is driving the growth of these EV stocks.

    Researching the few fundamentals and variables driving this growth in the EV market can help us a long way in deciding how and which EV stock we should invest in.

    So the main phenomenon that is driving the Electric Vehicle market includes the global drive towards green energy and sustainable zero emissions. Governments and world leaders are creating favorable policies and regulations regarding EV adoption. The free market has played a role in reducing the cost of sourcing batteries. The OEMs are investing heavily to create a profitable business in the EV landscape.

    However, there are some caveats to this growth. The scalability and standardization of the EV market are fragmented in countries and regions of the developed part of the world. The development of EV infrastructure and favorable economic conditions are yet to be globalized. Furthermore, there are very different EV portfolios in the EV stock market based on the electric vehicle and propulsion type of the EV.

    Ford Motor Company (F)

    So let us begin now with the EV stocks! The first on our list is Ford Motor Company (F). We have chosen Ford because of its legendary reputation in the car industry and its shift towards Electric Vehicles. With a market of $58.6 billion, Ford has a diverse and robust strategy for the electrification of its automotive operations. The company’s recent Ford+ (plus) plans expect to generate almost half of its global sales through EV by 2030.

    Furthermore, the company aims to invest more than $30 billion through 2025. One other primary reason that makes Ford’s EV portfolio more attractive is that the company has revealed its three most iconic EV products, which include the elite sports and passenger vehicle- The Mustang Mach E, all-electric and available in the market. Then comes the F-150 Lightning series, which is an all-electric pickup truck. This vehicle caters to the class B vehicle segment. And third is E-transit, an all-electric van that caters to the fleet performance requirement and light commercial vehicle segment.

    This diverse portfolio, along with the Ford company’s scalability power, will allow it to carry its powerful ICE automotive reputation while switching its profitability through the EV market.

    NIU Technologies (NIU)

    The second stock on our list is known as NIU Technologies (NIU). It has a market cap of $2.454 Billion and has seen impressive growth for the past two years. The company, since its inception, had grown in value by roughly 250% since its IPO in October 2018. We chose NIU stock for our pick in the top growing EVs because it picks up a certain niche in the large addressable market of EVs. This niche corresponds to the manufacturing of electric smart scooters and pedal bikes and is a less crowded market with many potentials. NIU caters explicitly to this niche demand in one of the largest growing EV markets: China.

    NIU generated sales of around $85.6 million in the first quarter, which is a 135% year-over-year growth. Despite the dip in the EV market in May, NIU also lost 10.8% of its stock value, and it still sold 149,649 electric scooters in Q1. Out of which 97% of the sales came from the Chinese market. NIU stock has a compound annual growth rate of 7.7% for the next decade, and despite the growing competition, it is still expanding to the rest of the Chinese market.

    Hyliion Holdings Corporation (HYLN)

    Third, on our list is an eccentric EV stock called Hyliion Holdings Corporation (HYLN). It is a $1.964 billion company run by a 28-year-old CEO known as Thomas Healy. Last year, the company went public through a SPAC deal with Tortoise, and since then, it had seen volatility in price during 2020, fluctuating from $10 to $50 and back to $10. However, we chose HYLN stock because this company caters to the deficiencies and limitations in the EV market that we talked about. The charging station and ports availability limitation makes it hard for EV vehicles to sustain their range, especially for Heavy-Duty trucks or Class 8 trucks.

    Thomas Healy has taken a page from Elon Musk’s book and has turned this limitation into an opportunity for innovation and drive towards a niche. This niche specifically caters to the needs of the 8th Class trucks by transforming them into what Hyliion calls Electrified Powertrains.

    Electrified Powertrains is the concept where Hybrid energy engines power class 8 trucks; they are electric engines that also have backup natural or hydrogen gas generators for creating electricity. Its EV battery next-generation module with quicker recharging and 40% more effective battery cooling technology reflects growth and innovation in its Hypertruck ERX production line. Hyliion took this approach to bridge the gap between the lack of electric recharging availability and heavy-duty trucks’ long-range requirements.

    With 700 natural gas stations all over America, according to Hyliion, this is a better approach than consuming gasoline and more efficient than having full electric trucks with no range. According to the company, the niche has a total addressable market of $800 billion and 8 million trucks.

    For the year 2021 and beyond, there are bullish signals for the EV market. Hyliion will continue to flourish in this underdeveloped niche market as long as EV charge and range limitation exists. The company’s estimation of revenue growth from $8 million in 2021 to more than $2 billion in 2024 does not look far-fetched from this point of view.

    NIO Inc (NIO)

    Fourth on our list is NIO Inc (NIO). The market value of the company is 83.410 Billion. Yes, we did mention NIO stock as a mainstream stock initially, but the growth of this EV company is uniquely undeniable and is stealing Tesla’s thunder. Analysts, bureaucrats, and even Elon Musk admitted that China is expected to be the biggest market for Tesla, with 41% of China’s global EV market share. However, the recent US-China relations have deteriorated.

    The rug has been pulled from under Tesla as China has recently implemented bans on government authorities having ownership of Tesla and banned Tesla vehicles from government compounds and agencies. This leaves the Chinese market all for NIO to grab since no one takes the throne second in China.

    Moreover, the company is entering the Norwegian Market as well; thus, now expanding and growing far beyond its border. The sales of the Chinese EV champion have leaped over 95% year over year and have forecasted 21000-22000 EV car deliveries from the current quarter. Apart from the general trend and sentiment of the EV market’s growth, NIO enjoys an edge for the market share capacity and space given due to these geopolitical tensions. Bloomberg NEF believes that EV sales are expected to grow from 1.7 million in 2020 to 54 million in 2040, in which China would represent sales share accounting 18 million.

    Global X Autonomous & Electric Vehicles ETF (DRIV)

    The final EV pick on our list is an ETF known as Global X Autonomous & Electric Vehicles ETF (DRIV). This ETF was picked by us majorly for investors out there that want to dive into the EV stocks but don’t know where to start. This $900 million market cap of DRIV ETF gives a diversified exposure to investors in the EV market. It has a total deep portfolio of 76 stocks and has an expense ratio of approximately 0.68%.

    DRIV does not only consist of pure Electric Vehicle play but consists of the overall plug-in car play. Plug-ins mean that it includes Autonomous Vehicles, Hydrogen Fuel Cars, Hybrids; therefore, it depends on the EV fuel propulsion and reduces the volatility and limitation of the EV pure-play investment and market. The Price to Equity ratio shows a very reduced premium compared to the over 900% increased share prices of Tesla and NIO. DRIV has shown a CAGRof 23.76% since its initiation.

  • Auto Stocks to watch on Tuesday: Baidu is All Set to Jump in EV

    Auto Stocks to watch on Tuesday: Baidu is All Set to Jump in EV

    China’s BaiduInc is exploring producing its own electric vehicles and has held talks with automakers about the prospect, said 3 persons with knowledge of the case, the latest step in a battle between tech firms to build smart cars.

    China’s leading search engine, which also advances automated driving technologies and internet communication networks, explores contract production, one of the people said or creating a majority-owned venture with automakers.

    The project will move up from internet peers such as Tencent Holdings Ltd, Amazon.com Inc and Alphabet Inc, which have either developed auto-related technologies or invested in smart-car start-ups.

    NIO Limited (NYSE:NIO) shares were trading down -2.38% at $40.98 at the time of writing on Monday after reporting the pricing of the offering of 68,000,000 American depositary shares, each representing one Class A ordinary share of the Company, at a price of US$39.00 per ADS.

    NIO Limited (NYSE:NIO) share price went from a low point around $2.11 to briefly over $57.20 in past 52 weeks, though shares have since pulled back to $40.98. NIO market cap has remained high, hitting $60.13B at the time of writing, giving it price-to-sales ratio of more than 30.

    If we look at the recent analyst rating NIO, Goldman upgraded coverage on NIO shares with a Neutral rating and a $37.72 price target, which implies room for -3.26% downside momentum this year.

    Ford Motor Company (F) last closed at $8.91, in a 52-week range of $3.96 to $9.57. Analysts have a consensus price target of $8.94.

    Tesla Inc. (TSLA) stock soar by 4.89% to $639.83. The most recent rating by Jefferies, on December 11, 2020, is at a Hold.

    XPeng Inc. (NYSE:XPEV) Shares headed rising, higher as much as 6.45% following the declaration from the firm that that its P7 super-long range sports sedan was named the Car of the Year 2021 by the Xuanyuan Awards, China’s most prestigious badge of auto quality and innovation. The most recent rating by Deutsche Bank, on December 14, 2020, is at a Buy.

    Nikola Corporation (NASDAQ:NKLA) fall -6.87% after losing more than -$1.21 on Monday. The company on November 30, 2020 reported the signing of a non-binding Memorandum of Understanding (“MOU”) with General Motors for a global supply agreement related to the integration of GM’s Hydrotec fuel-cell system into Nikola’s commercial semi-trucks.

    Fisker Inc. (FSR) last closed at $15.59, in a 52-week range of $8.70 to $23.63 after declaring that it has signed agreements with Cox Automotive U.K. and Rivus Fleet Solutions to provide a range of after-sales services for the U.K. market. Analysts have a consensus price target of $24.00.

    Li Auto Inc. (LI) stock drop by -0.10% to $31.33. The most recent rating by Citigroup, on November 16, 2020, is at a Buy. On December 4, 2020, the company announced the pricing of follow-on public offering of American Depositary Shares.

    Kandi Technologies Group Inc. (NASDAQ:KNDI) Shares headed falling, lower as much as -7.67%.

    General Motors Company (NYSE:GM) fall -0.72% after losing more than -$0.3 on Monday. On November 30, 2020, the firm revealed it has signed a non-binding memorandum of understanding with Nikola Corporation for a global supply agreement to provide its Hydrotec fuel cell system for Nikola’s Class 7/8 semi-trucks.

    Workhorse Group Inc. (WKHS) last closed at $21.39, in a 52-week range of $1.32 to $30.99. Analysts have a consensus price target of $26.80.

    Electrameccanica Vehicles Corp. (SOLO) stock drop by -2.02% to $6.31. The most recent rating by ROTH Capital, on July 09, 2019, is at a Buy.

    Lordstown Motors Corp. (NASDAQ:RIDE) Shares headed falling, lower as much as -2.96%. The company on December 5, 2020 reported that the United States Securities and Exchange Commission has declared Lordstown’s registration statement on Form S-1 (File No. 333-250045). The most recent rating by Goldman, on December 11, 2020, is at a Buy.

    Fiat Chrysler Automobiles N.V. (NYSE:FCAU) rose 0.84% after gaining more than $0.14 on Monday. Alfa Romeo Announces 4C Spider 33 Stradale Tributo.

    Ayro Inc. (AYRO) last closed at $5.52, in a 52-week range of $1.80 to $10.60. On November 24, 2020, the company reported the Closing of $10.0 million registered direct offering.

    Niu Technologies (NIU) stock drop by -2.50% to $28.43. The most recent rating by Citigroup, on November 06, 2020, is at a Buy.

  • Should You Invest In Ford Motor (NYSE: F)?

    Should You Invest In Ford Motor (NYSE: F)?

    Ford Motor (NYSE: F) has announced the sales of its third-quarter 2020. The auto manufacturer has announced that its vehicle sales were only dropped 4.9% from the earlier years.  The company finally showed signs of recovery after experiencing the major hit by the COVID-19 pandemic which caused a decrease in the demand. But the increasing demands for sports utility vehicles and pickup trucks increased the third quarter sales of the company in the US.

    Ford has reported the sales of its trucks reached 311,751 and this third quarter is the best quarter of pickup truck sales since 2005. Ford revealed that its Q3 sales were up 27.2 percent as compared to the sales of Q2. It has sold 551,798 total vehicles this quarter as compared to the 580,251 earlier this year.

    Shares of Ford Motor traded up 2.07% as the company gained +0.14 during the trading session of Friday. It has a closing price of $6.89. In the past 52-weeks of trading, this company’s stock has fluctuated between the low range of $3.96 and a high range of $9.57. It has moved up 73.99% from its 52-weeks low and moved down -28.04% from its 52-weeks low. This company’s market capitalization has remained high, hitting $26.38 billion at the time of writing.

    The company is positive about the sales of its vehicles in quarter 4 as it is currently showing a strong performance. Ford revealed that though there is an uncertainty that is prevailing because of the ongoing pandemic but the sales results of Q3 surpassed the expectations and now the company is looking forward to a strong performer in Q4.

    Ford revealed that its retail share of the industry increased by an estimated 0.2 percentage points, while Ford’s Q3 total share expanded by 0.8 percentage points, excluding discontinued cars, Ford retail sales were up 1.3 percent.  America’s best-selling pickup sold above the 70,000 truck mark for three straight months in Q3. Retail sales were increased 10.1 percent over last year, with the retail share of the full-size pickup segment increased an expected  0.8 percentage points of share.

    Ford Motor’s new CEO Jim Farley is continuously working and focusing on the key growth areas like autonomous and electric technologies as well as commercial vehicles. Ford’s new CEO is striving to regain the image of the auto manufacturers company. The company’s main goal is to reduce cost, to improve quality, and accelerating the restructuring of underperforming businesses.