F - Ford Motor Company
| Previous Close | 9.41 |
| Open | 9.47 |
| Bid | 9.46 x 47300 |
| Ask | 9.47 x 47300 |
| Day's Range | 9.44 - 9.59 |
| 52 Week Range | 7.41 - 10.56 |
| Volume | 25,923,352 |
| Avg. Volume | 36,603,920 |
| Market Cap | 37.704B |
| Beta (3Y Monthly) | 0.97 |
| PE Ratio (TTM) | 17.50 |
| EPS (TTM) | 0.54 |
| Earnings Date | Oct 23, 2019 |
| Forward Dividend & Yield | 0.60 (6.38%) |
| Ex-Dividend Date | 2019-07-22 |
| 1y Target Est | 10.73 |
- Investor's Business Daily
Dow Jones Futures: Crude Oil Prices Spike On Saudi Attack, UAW Calls GM Strike, Apple iPhone Preorders 'Look Good'
Dow Jones futures: Crude oil prices leapt as a drone attack halved Saudi output. UAW called a GM strike. Apple iPhone preorders "look good" with Apple stock near a buy.
- Benzinga
Bulls And Bears Of The Week: Altria, Apple, Caterpillar, Ford, Oracle And More
Benzinga has examined the prospects for many investor favorite stocks over the past week. Bullish calls included the iPhone maker, a Big 3 automaker and a restructured industrial company. Bearish calls ...
- TipRanks
3 Stocks with High Upside Potential in the Face of Headwinds
After strong market gains through the summer, August was a volatile month for the stocks. The S&P 500 fell 5.6% in the first week, then bounced around for three weeks before charging into September with another 5.6% shift – a surge back up to its current 3,007.The stock market turnaround is just one of several positive economic indicators so far this month. The August jobs report, while showing low job creation numbers, also showed increasing wages, and last week, Labor Department numbers showed that there are 1.17 million more jobs than openings in the US. It’s a bright picture. But not every stock is on its way back up. Some are struggling to gain traction.Finding the right stock in this environment can be a challenge. That’s why TipRanks provides a variety of stock screening tools, offering you the ability to sort through the market for the right investment.We’ve opened up TipRanks’ Trending Stocks tool to find three stocks that are underperforming right now, but are also showing high upside potential in the face of idiosyncratic headwinds. These are investment opportunities that have attracted attention from top analysts, and have the seeds for future market gains. Domino’s Pizza, Inc.With the rise of third-party delivery companies, such as GrubHub (GRUB – Get Report), the fast food space generally is coming to resemble the pizza delivery niche. With a phone call or an online order, the customer’s meal is only half an hour away. Michigan-based Domino’s Pizza (DPZ – Get Report), which built its customer base in the 1990s on a promise of fast delivery, has been feeling the pressure as fast food delivery diversifies. DPZ shares are down 1% so far this year, despite a general S&P gain of 19%.This doesn’t mean that Domino’s feels itself vulnerable. Back in July, the company beat the earnings forecast in Q2, reporting $2.19 per share against a predicted $2 even. And it did that despite missing the revenue forecast by 2.5%, or $22 million. Even with the revenue miss, DPZ reported strong resources: cash on hand was up, at $108.3 million, while long-term debt was down 2.2%.BTIG analyst Peter Saleh is impressed by DPZ’s use of resources to create innovations in the delivery space. The company is not entering into third-party agreements, but is keeping delivery in-house. Earlier this month, Saleh attended DPZ’s Innovation Garage event, and saw how Domino’s is investing in autonomous vehicle delivery and GPS tracking. He writes, “while Domino's Pizza is facing competitive headwinds from delivery aggregators, it is starting to fight back with promotions and measures to improve efficiency.” Saleh gives DPS a $325 price target, suggesting an impressive 32% upside potential.From Oppenheimer, Brian Bittner gives DPZ shares a $295 price target and 20% upside. He sees Domino’s as “well-prepared for the delivery challengers and ready to go it alone.” In his comments, he adds, “Management believes it ultimately has technological, economic and service superiority over [competing] vendors which will be a benefit over the cycle. Nearer term, the company does not plan to react by deep-discounting or discounted/free delivery.”Overall, DPZ has a 16% upside potential, derived from its $285 average price target and $245 current share price. The stock has a Moderate Buy rating from the analyst consensus, based on 14 buys, 7 holds, and 1 sell. Ford Motor CompanyThe second largest domestic automaker, Ford (F – Get Report) possesses a combination of resources and liabilities. On the negative side of the ledger, Moody’s credit rating agency has just lowered the company’s rating below investment grade. Moody’s cited Ford’s “operating and marketing challenges” as reasons for the downgrade, and added that the company is at the start of a long restructuring effort in a bearish industry.Ford, for its part, does not seem worried by the credit downgrade. S&P and Fitch still rate the company as investment grade, and the restructuring noted by Moody’s includes an $11 billion investment in electric and hybrid vehicles. The capital investment includes new spending on factories as well as vehicle design and autonomous driving systems.Still, a downgrade from a credit rating agency looks bad in the headlines. Ford shares lost 1.3% by mid-week. The stock has been highly volatile this year, swinging between a low of $7.44 and a high point of $10.36.Two analysts weighed in with buy ratings on the stock. Credit Suisse’s Dan Levy noted that Ford has $23 billion in cash on hand, giving it plenty of resources to fund its global restructuring effort. He writes, “For now, Moody’s downgrade doesn’t change the Ford story. We think the core focus at Ford remains the path to profit recovery, which we continue to believe remains intact.” Levy’s $12 price target implies an upside of 26% for Ford.Analyst John Murphy, of Merrill Lynch, agrees that Ford has upbeat prospects. He says, “We believe Ford’s self-help turnaround should start to get more credit among investors, while improved execution and communication may also allow Ford’s multiple to recover, although the downgrade news was somewhat disappointing.” Countering the disappointment, he notes that Ford remains committed to maintaining its shareholder dividend, with an impressive 6.35% yield, and that the primary source of bad news – slowing car sales in the European and Asian markets – has already been baked into the share price. He puts a $13 price target on F shares, indicating an upside potential of 37%.Ford holds a Moderate Buy from the analyst consensus, based on 4 buys and 3 holds from the last three months. Shares sell for $9.45, and the average price target of $11.58 suggests an upside of 22%. Netflix, Inc.The early adopter in the online TV content streaming space, Netflix (NFLX – Get Report) has the advantage of incumbency against the much-hyped competition from Disney (DIS – Get Report) and Apple (AAPL – Get Report) which will be starting this fall.Netflix’s main advantage, of course, is its library of 400+ original programs to run on the streaming service. This will be less of an advantage against Disney, which brings its own famous Disney Vault to the party, but Netflix having proven winners like Stranger Things and talent like Samuel L. Jackson and Oprah Winfrey on board is a clear sign of strength in the content creation market.Disappointing subscriber numbers from the second quarter, however, depressed Netflix’s share price, and the company's year-to-date gain is only 9%. Netflix lost 15% after reporting net subscription adds of only 2.7 million, against the forecast 5 million. Even worse, the company’s core US market saw a decline of 100,000 subscribers instead of the expected 300,000. And to keep the hits coming, Apple announced last week that its Apple TV streaming service, to be priced at just $4.99 per month, will be significantly less expensive than the $8.99 Netflix charges for its most basic service.The analysts, however, seem to agree that the fears for Netflix are overblown, and that the company’s resources are sufficient to meet the challenges. 5-star analyst Michael Olson, of Piper Jaffray, writes: “Preliminary search index analysis suggests Q3 domestic subscriber growth of 6.4% year-over-year, and international growth in the range of 33%-35%. Further, the number of U.S. YouTube trailer views for major Netflix originals is up 10% quarter-over-quarter from Q2, signaling a more engaging content slate. Expect Netflix to continue to capture a significant portion of traditional content dollars despite an onslaught of new streaming services currently casting a cloud of concern.” Olson sets a $440 price target on NFLX, indicating confidence in a 49% upside.Imperial Capital analyst David Miller agrees, believing that “the market is too focused on price points rather than the value for that said price point.” His $451 price target implies an even more robust 53% upside for the streaming giant.Overall, Netflix maintains a Strong Buy from the analyst consensus, based on a whopping 25 buy ratings set in the last three months, along with only 5 holds and 1 sell. Shares are expensive, at $295, and the average price target of $411 suggests an upside potential of 39%.Visit TipRanks’ Trending Stocks page today, to see what else has the attention of Wall Street’s best analysts.
- Bloomberg
Michael Bennet Makes First His Ad Buy: Campaign Update
(Bloomberg) -- Michael Bennet, who didn’t make the cut for Thursday’s Democratic debate in Houston, is taking to the airwaves in Iowa with his first media buy of the campaign.The presidential candidate and Colorado senator reserved at least $32,891 in the Des Moines and Ceder Rapids markets, according to Advertising Analytics, which tracks political advertising. The ads are slated to air starting Tuesday.Bennet failed to meet either requirement set by the Democratic National Committee for making the debate stages. The 10 candidates who participated had at least 130,000 unique donors and reached 2% in four national polls. Bennet will need to reach those marks by Oct. 1 to make the cut for the next round, scheduled to begin Oct. 15 in Westerville, Ohio.Spending on ads can boost a candidate’s standing in the polls, but they’re expensive. Billionaire Tom Steyer, who qualified for the October debate after entering the race in July, has spent about $14.3 million on broadcast and cable spots. That’s four times the amount Bennet’s campaign has raised.Democrats Set Next Debate for Oct. 15 in Ohio (2:36 p.m.)The Democratic National Committee announced Friday that the fourth debate of presidential candidates will take place Oct. 15, possibly with a second night on Oct. 16, depending on how many candidates qualify.The forum at Otterbein University in Westerville, Ohio, will be co-hosted by the New York Times and CNN. Eleven candidates have already met the criteria: the 10 who participated in the third debate on Thursday, along with billionaire Tom Steyer, who only qualified recently.To qualify for the debate, candidates must receive at least 2% support in four approved polls conducted nationally or in Iowa, New Hampshire, South Carolina and Nevada. They must also raise money from a minimum of 130,000 unique donors, including 400 contributors in each of at least 20 states by Oct. 1.The October debate will be moderated by CNN’s Anderson Cooper and Erin Burnett and Marc Lacey from the Times. The format has not yet been announced. -- Ryan Teague BeckwithHarris Asks for Inquiry into Probe of Carmakers (11:44 a.m.)Senator Kamala Harris asked the Justice Department’s internal watchdog to investigate the legal underpinnings of an antitrust probe into four automakers that agreed to meet compromise tailpipe emissions targets offered by California regulators.In a letter to the department’s inspector general released Friday by her office, the California Democrat and presidential candidate said the antitrust inquiry “raises serious concerns about whether federal law enforcement is being used to coerce” the companies into abandoning efforts to produce lower-emitting vehicles. The probe also raises questions about whether the Justice Department is being used for political purposes, she wrote.At issue is a July agreement by Ford Motor Co., Honda Motor Co., BMW AG and Volkswagen AG to meet future vehicle greenhouse gas emissions targets offered by California regulators that are more stringent than under a rollback proposed by the Trump administration but easier than rules adopted by the Obama administration in effect today.Harris’ request comes after other congressional Democrats have vowed to scrutinize the probe, revealed last week. The House Judiciary committee on Monday said it planned to hold hearings and request documents from the White House and Justice Department related to the antitrust probe. -- Ryan BeeneCastro Denies Slap at Biden’s Memory Was Unfair (8:02 a.m.)Julian Castro said he has no regrets about questioning former Vice President Joe Biden’s memory during the 2020 Democratic presidential debate in Houston on Thursday -- a moment that drew boos from the crowd.“I wouldn’t do it differently,“ the former Housing and Urban Development secretary told CNN in an interview early Friday. “That was not a personal attack, this was about a disagreement over what the vice president said regarding health-care policy.“Castro, a former Obama administration colleague of Biden’s, argued during the debate that his health-care proposal was better than Biden’s because people who qualified would automatically be enrolled, rather than having to opt in to Biden’s Medicare plan.“They wouldn’t have a buy in,” Castro said during the debate.When Biden shot back, “They do not have to buy in,” Castro pounced. “Are you forgetting what you said two minutes ago?” he said. “You’re forgetting that?”Castro defended his comments in his CNN interview, saying it’s necessary to highlight the policy differences between Democratic presidential contenders. “The vice president has been around for a long time,“ he said. “When we’re up there, we’re up there to debate.“ -- Kathleen MillerCOMING UPElizabeth Warren will appear Saturday at the Massachusetts Democratic Convention in Springfield.Biden will speak Sunday at the 16th Street Baptist Church in Birmingham, Alabama, to commemorate the 56th anniversary of a bombing that killed four girls and injured 22 other people.On Monday, Biden, Bernie Sanders, Amy Klobuchar, Tulsi Gabbard, Pete Buttigieg and Bill DeBlasio will attend the Galivants Ferry Stump in South Carolina.Also on Monday, Warren will speak at a rally in New York City’s Washington Square Park.Many candidates will appear at the LGBTQ Presidential Forum in Cedar Rapids, Iowa, on Friday. Contenders who have confirmed they will attend are: Biden, Cory Booker, Buttigieg, Castro, Gabbard, Kamala Harris, Klobuchar, Joe Sestak, Warren and Marianne Williamson.\--With assistance from Kathleen Miller, Ryan Beene and Ryan Teague Beckwith.To contact the reporter on this story: Bill Allison in Washington DC at ballison14@bloomberg.netTo contact the editors responsible for this story: Wendy Benjaminson at wbenjaminson@bloomberg.net, Steve GeimannFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
- Moody's
Ford Credit de Mexico S.A. de C.V., SOFOM, ER -- Moody's announces completion of a periodic review of ratings of Ford Credit de México S.A. de C.V., SOFOM, ER
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Ford Credit de México S.A. de C.V., SOFOM, ER and other ratings that are associated with the same analytical unit. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future. Credit ratings and outlook/review status cannot be changed in a portfolio review and hence are not impacted by this announcement.
- InvestorPlace
4 Top Stock Trades for Monday: F, GM, TWLO, MNST
Equities opened higher on Friday, but faded throughout the afternoon, with the S&P 500 finishing about flat on the day. After a very strong start to September, here's a look at a few top stock trades going into next week. Top Stock Trades for Tomorrow 1: FordShares of Ford (NYSE:F) haven't made much progress this week, but it's been a good showing from the bulls. Earlier this week, the company had its credit downgraded to junk status, but Ford stock posted a resilient rally.InvestorPlace - Stock Market News, Stock Advice & Trading TipsOn Friday, the stock briefly reclaimed the 50-day moving average, the same one which rejected F earlier in the week. A move above it puts $9.65 on watch and above that, a potential gap fill up to $10.20. * 7 Discount Retail Stocks to Buy for a Recession On the downside, see that Ford maintains above $9.40-ish. Just below is the 38.2% and rising 20-day moving average to help buoy shares on a possible pullback. Below this week's low opens up the possibility of $8.75. Top Stock Trades for Tomorrow 2: General MotorsShares of General Motors (NYSE:GM) have had a quiet week, but that comes after last week's strong gap up action. Consolidating between $38.50 and $39.50, GM stock is bound to move out of this range at some point.Should it resolve higher, the first target is $40.50. Above that and a run to the July highs is possible, up near $41.48. If it trades lower and falls out of this consolidation pattern, look for support from the 50-day and 20-day moving averages.If they fail as support, it puts the 200-day moving average on watch, with range support at $35.50 below that. Top Stock Trades for Tomorrow 3: MonsterMonster Beverage (NASDAQ:MNST) has a really interesting setup for traders. Uptrend support (blue line) continues to squeeze shares against static resistance at $59. That's known as an ascending triangle, a bullish technical pattern.At $59.27, the stock also has the 38.2% retracement it's trying to reclaim. Should it finally breakout, look for a possible run to the 50-day moving average. Above that and $63 is possible.If the 200-day and $59 resistance reject MNST stock, look for a pullback into uptrend support. Top Stock Trades for Tomorrow 4: TwilioAfter the thrashing we've seen in high growth stocks, many were hoping for a more impressive rebound. This bounce has been tepid, and that's putting it kindly. Just look at the action in Twilio (NYSE:TWLO) for instance.Short of a flood of buy orders, Twilio and others look set to roll over once again. Should TWLO get hit, I would love to see a correction down to the $96 to $98 area, and see whether that draws in buyers. * 10 Recession-Resistant Services Stocks to Buy High-growth selloffs are tough. If there are a few companies you really like and are willing to hold for the long term -- and embrace the risk -- nibbling on these declines can be rewarding. But they're difficult to time. In TWLO's case, let's take it one day at a time and see how it holds up on a potentially deeper decline.Bret Kenwell is the manager and author of Future Blue Chips and is on Twitter @BretKenwell. As of this writing, Bret Kenwell did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Big IPO Stocks From 2019 to Watch * 7 Discount Retail Stocks to Buy for a Recession * 7 Stocks to Buy Benefiting From Millennial Money The post 4 Top Stock Trades for Monday: F, GM, TWLO, MNST appeared first on InvestorPlace.
- Reuters
U.S. Senator Harris takes aim at Trump antitrust probe of automakers over emissions
U.S. Senator and Democratic presidential candidate Kamala Harris on Friday asked a government watchdog to look into the Trump administration's decision to launch an antitrust probe into four automakers cooperating with California on tighter greenhouse gas emissions limits that Trump is trying to eliminate. In July the carmakers said they had reached a deal with California to adopt tougher emissions standards than the Trump administration’s 2018 proposal.
- Yahoo Finance
Retail sales show consumers remain in 'pretty good shape': Economist
The U.S. consumer is in 'pretty good shape,' economist says.
- Market Realist
Robotaxis: Voyage versus Ford, Waymo, and Tesla
Autonomous ride-sharing and robotaxi startup Voyage has raised about $31 million in the Series B round, according to its press release.
- Market Realist
Here’s Why Tesla Bulls Are Having a Nightmare
Tesla stock is having a terrible run this year. Based on yesterday’s closing prices, the stock is down 26.1%, while the S&P; 500 has risen 20.0%.
- Reuters
Ford recalls some Explorer SUVs after reports of hand injuries on sharp seat edges
The company said owners could come in contact with the sharp edges when reaching between the power front seat and center console, which could result in injury. This recall affects 311,907 vehicles in the United States and federal territories, 23,380 in Canada and 3,045 in Mexico, Ford said.
- Zacks
General Motors Recalls 3.4M Vehicles to Fix Brake Problem
To fix brake problem, General Motors (GM) is working on a corrective action involving reprograming of the Electronic Brake Control Module with a new calibration.
- Benzinga
Mexico Suffers Sharp Drop In Auto Production, Exports
Mexico, one of the biggest exporters of vehicles in the world, experienced a 12.7% drop in total vehicle exports in August from a year ago. Manufacturers shipped 281,811 units last month compared to 322,779 vehicles in August 2018, according to the Mexican National Institute of Statistics and Geography (INEGI) and the Mexican Association of the Automotive Industry (AMIA). AMIA President Eduardo Solís Sánchez said the decline is partly due to lower demand from the U.S., Canada and Brazil, which represent 90% of Mexican auto exports.
- InvestorPlace
As Huge as the EV Market Will Be, Nio Stock Isn’t Worth the Risk
Nio (NYSE:NIO) should be a better investment than it is, but Nio stock looks as if it's going to lose the EV race in a big way.Source: THINK A / Shutterstock.com The electric car revolution is coming and investors are readying their portfolios. Not only are the quieter and cheaper to run than their combustion-engine counter parts, but they're seen as better for the environment which has helped them catch on in heavily polluted places like China.However, while electric cars themselves are destined to gain momentum over the next decade, electric car stocks are another story. Some appear to be based solely on hope for the industry rather than solid fundamentals and that's the case when it comes to Nio.InvestorPlace - Stock Market News, Stock Advice & Trading TipsBack in March NIO stock was flying high at $10 per share as investors likened the firm to Tesla (NASDAQ:TSLA). However, the enthusiasm quickly faded after the firm's lofty future plans started to look flimsy as its earnings pointed to a much rockier future. With Nio's stock price down to just $3 per share today, you might be wondering if there's a bargain to be had-- but I'd hold off as the stock isn't all its cracked up to be. The Trouble with Nio StockWhile there will undoubtedly be a huge market for electric vehicles in China over the next few years, it's important to note that investing in NIO doesn't necessarily mean you'll get a piece of that pie. * 7 Discount Retail Stocks to Buy for a Recession As Luke Lango pointed out, there are 486 EV companies currently operating in China. Although China has a massive population and there's certainly room for more than one player, that's a lot of competition. In America there are between 20 and 30 EV firms serving the market.That means that the next few years will likely bring on the demise of quite a few Chinese EV players. More companies will fail than will make it, so you have to pick your player wisely.With those terrible odds in mind, NIO stock may not be your top pick. For one thing, the firm has elected to go with a platform outside the mainstream to run its cars.Beijing has gotten behind a standardized platform called MEB which big names like Ford (NYSE:F) and Volkswagen (OTCMKTS:VLKAY) are also supportive of. NIO has elected to go its own way with a different platform, which could create regulatory issues down the road. Recovery Depends on DeliveriesIn any case, those factors which cast a bearish shadow over NIO stock were true back in March when investors were singing the automaker's praises and bumping its share price up to $10.What brought NIO back to earth was a poor earnings release that showed vehicle deliveries were lower than expected. Since then, deliveries haven't made a meaningful improvement- July deliveries came in at just 837. August deliveries will be the true reflection of whether or not the March earnings were the beginning of the end for NIO. The company was forced to recall a number of its vehicles due to battery issues, which management said was largely to blame for the poor delivery figures in June and July. In August, management is expecting to deliver somewhere between 2,000 and 2,500 vehicles. Hitting that target would send a positive message to Wall Street and put the buy-case for NIO back on the table. However, another month of dismal deliveries says NIO is heading for rock bottom. The Bottom Line on Nio stockThere's no urgency to buy NIO stock right now. The firm is due to release its August delivery figures at the end of September and I'd wait for that to even consider adding Nio to your portfolio.However, even if the August numbers hit management's guidance, NIO is risky. It's hard to pick out a clear winner in such a large and diverse field, but choosing the one that has gone against Beijing's standardized platform seems to be a risky strategy.If you're looking to buy "the Tesla of China," perhaps you should just buy Tesla-- the firm is building its own factory in Shanghai and its cars are not subject to the 10% purchase tax that its foreign peers are weighed down by. For now, NIO is a no-go for me at least until deliveries are firmly back on track.As of this writing, Laura Hoy did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Big IPO Stocks From 2019 to Watch * 7 Discount Retail Stocks to Buy for a Recession * 7 Stocks to Buy Benefiting From Millennial Money The post As Huge as the EV Market Will Be, Nio Stock Isn't Worth the Risk appeared first on InvestorPlace.
- TheStreet.com
Music 'Still Playing' in Junk-Bond Market Even After Ford Hit With Downgrade
Risks are growing in the junk-bond market as low interest rates spur higher risk-taking on the part of yield-hungry investors, Bank of America warns in a new report.
- InvestorPlace
Ambev Stock Might Be the Best Beer Bet Heading into 2020
Back in April, I featured Brazilian beer company Ambev (NYSE:ABEV) in an article about the best large-cap stocks to own under $10. As I write this, Ambev stock is up 4.5%.Source: Daniel Spiess via FlickrThe two other stocks recommended: Ford (NYSE:F) is down 1.6% and Sirius XM (NYSE:SIRI) is up 13.7%. Over the same five months, the S&P 500 is up 2.5%, an indication that low-priced stocks did well over the summer.As for Anheuser-Busch (NYSE:BUD), who owns more than 60% of ABEV stock is up 6.9% over the same period, 240 basis points higher than its Brazilian subsidiary. However, year to date it's up 45.0% including dividends through Sept. 11, 2.4 times Ambev's total return for the year. InvestorPlace - Stock Market News, Stock Advice & Trading TipsWith three-and-a-half months left in 2019, I'm wondering if ABEV, BUD, or some other beer stock is the best bet heading into 2020. Ambev Stock is the Best BetAmbev's 15-year total annual return is quite good, at 11.2%. That trails both its brewing peers and the Brazilian market at 13.5%. However, the entire U.S. market over this period could only muster a total return of 9.3%. * 10 Battered Tech Stocks to Buy Now My InvestorPlace colleague Vince Martin recently highlighted in an article in late August that Ambev has a much stronger balance sheet than its parent and is growing its normalized EBITDA on an organic basis at more than 10% per year. In the first six months of 2019, Ambev's revenues increased by 7.4%. Three of its operating segments: Brazil, Central America and the Caribbean, and Canada delivered growth while only the company's South American division (excluding Brazil) experienced declining sales. South America might be experiencing a craft beer boom but Ambev's holding its own in a very competitive market. It's also important to remember that Ambev also makes non-alcoholic beverage products. In the first six months of 2019, it grew this segment by 19.6%, accounting for 15% of Ambev's overall revenues. Although Ambev has only paid an eight-cent dividend so far in 2019, its goal is to deliver an average annual yield of 5%. Currently, its forward dividend yield is 5.2%. Over the long haul, buying ABEV stock under $5 should deliver above-average results, including the dividends. Bud's the CallEven though Budweiser might have a ton of debt on its balance sheet (its net debt at the end of June was $104.2 billion) it still managed to generate $9.1 billion in free cash flow in the first six months of the year. On an annualized basis over the trailing 12 months, BUD had $11.5 billion in free cash flow, $54.1 billion in revenue, and a free cash flow margin of 21.1%. This means it's generating 21 cents of free cash flow for every $1 of revenue.Anheuser-Busch said to be reviving its IPO plans for its Asian business, a move that's expected to raise $5 billion and give it additional liquidity on the remainder of its ownership stake, the company's giving itself financial flexibility to pay down debt, repurchase shares, buy a cannabis company, or countless other things it could do with the funds. The point is, Anheuser-Busch is the largest beer company in the world. Investors shouldn't have a problem with a dividend yield of 3.5% given the appreciation it's experienced so far in 2019. The Bottom Line on Ambev StockIf you're not sure which beer company to back, a good alternative would be to buy a thematic portfolio, either through an ETF, mutual fund, or third-party provider such as Motif Investing. Motif currently has a portfolio called "Take a Shot" that invests in makers of alcoholic beverages including BUD and ABEV, which account for 19.4% and 16.6% of the portfolio, respectively. Beer stocks account for 46.3% of the portfolio with wine and spirits, accounting for the rest.Over the past year, it's generated a return of 8.6%, better than both the S&P 500 and the Invesco Dynamic Food & Beverage ETF (NYSEARCA:PBJ). At the time of this writing Will Ashworth did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Battered Tech Stocks to Buy Now * 7 Strong-Buy Stocks Hedge Funds Are Buying Now * The 7 Best Penny Stocks to Buy The post Ambev Stock Might Be the Best Beer Bet Heading into 2020Â appeared first on InvestorPlace.
- Reuters
Ford, GM rev up electric pickup trucks to head off Tesla
Large pickup trucks that tow most of the profits in to Ford Motor Co and General Motors Co are holdovers from another century - with heavy ladder frames and big internal combustion engines in the front driving the wheels in the back. Now, Ford and GM are racing to design radical new takes on their most profitable models, replacing petroleum-fueled engines with batteries in a bid to outflank Tesla Inc's plan to eclipse their brands. Ford's F-150 pickup and GM's Chevrolet Silverado are the top selling vehicles in the U.S. market.
- Zacks
Auto Stock Roundup: Ford's Europe Electric Plans, General Motors' Deal With Google
While Ford (F) unveils lineup for EVs in Europe, General Motors (GM) collaborates with tech giant Alphabet to roll out in-vehicle technology.
- Moody's
Ford Credit Floorplan Master Owner Trust A, Series 2014-3 -- Moody's affirms ratings on Ford Floorplan ABS from 2006 through 2019
Rating Action: Moody's affirms ratings on Ford Floorplan ABS from 2006 through 2019. Global Credit Research- 12 Sep 2019. Approximately $4.7 billion and CA $575 million of asset-backed securities affected....
- Reuters
UPDATE 4-U.S. corruption probe involving lavish parties, champagne hits another top UAW official
DETROIT/WASHINGTON, Sept 12 (Reuters) - Just two days before the UAW's contracts with Detroit automakers were due to expire, U.S. prosecutors arrested and charged a senior union official on Thursday with embezzlement, releasing a complaint that alleges he spent member dues on lavish parties for union leaders, with liquor, cigars and women to light them. Negotiators from the United Auto Workers already faced contentious talks with General Motors Co, Ford Motor Co and Fiat Chrysler Automobiles NV (FCA) , focusing on thorny issues like healthcare costs and profit-sharing at a time when U.S. new vehicle sales are declining.
- Yahoo Finance
GM strike risk is high as UAW deadline approaches
With the contract between GM and its union set to expire at midnight Saturday, experts say the risk of a strike at GM is rising.
- American City Business Journals
Fair picks up another car subscription service from Ford
Canvas customers will have the opportunity to join Fair at the end of their current vehicle subscriptions.
