Ford: A Company Destined to Succeed?

During the past year the Big 3, GM, Ford & Chrysler have seen their customers dwindle, their funds run dry and their stock plunge. With the passing of the bailout GM & Chrysler snatched the money, hoping to start with a clean slate & salvage their reeling companies. But what about Ford?

Although Ford was approved to receive bailout money, the truth is the first American auto company didn't need the funds. Despite the economic crisis & "importitis"(the belief that Japanese cars are better than American)Ford's F-150 was once again the #1 selling vehicle in the nation. The Mustang continues to put up strong sales numbers and those numbers have only increased since 2006. With the restyled 2010 Mustang ready to make it's debut in spring of 2009, the stage seems primed Ford to take the lead in the auto industry.

One has to wonder, with their stock currently sitting at a measly $2.63, is Ford the next "stock goldmine" just waiting to be tapped? It seems the conditions are right.

Ford stock currently at $2.64.