Goldman Sachs Removes Ford from “Conviction Buy” List (F)
On Tuesday, Goldman Sachs reported that it has removed automobile company Ford Motor Company (F) from its “Conviction Buy” List.
The firm has taken Ford off of its “Conviction Buy” List as it sees better near-term catalysts for chief domestic competitor General Motors (GM).
Ford shares were down 18 cents, or 1.05% during Monday morning trading. The stock has increased 31% YTD.
The Bottom Line
Shares of Ford Motor Company (F) have a 2.34% yield, based on Monday’s closing price of $17.12.
Ford Motor Company (F) is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.4 out of 5 stars.
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