"Ford announced a $100 million profit in the quarter, even though sales lagged General Motors and Toyota. I see Ford as a deeply undervalued company that finally is producing good quality cars, both here and abroad, and I don’t think higher gasoline prices will have much effect on the turnaround.
"Ford must be seen as a global producer. And foreign sales are booming for Ford and GM. Moreover, now that Ford has decided to include Microsoft’s Nuance-powered Sync voice control system in some of its 2008 models, it could help improve sales dramatically here in U.S. showrooms.
"If the profitable quarter continues, Ford now is selling for only 14 times next year’s earnings. With revenues of close to $40 billion in the quarter, a smart business person certainly could cut the fat from that and turn a profit, and that is exactly what turnaround specialist CEO Alan Mulally is doing.
"Under his guidance, Ford saved $1.7 billion from cost reductions in the quarter and agreed to sell Jaguar and Land Rover. Wall Street likes what Mulally is doing, and so does billionaire investor Kirk Kerkorian, who is buying its stock. Let’s join him by buying Ford."
Mark Skousen's Freedomfest ... this July in Las Vegas
Editor's note: Mark Skousen will be hosting FreedomFest in Las Vegas in mid July -- an annual gathering of sophisticated investors and intellectuals. The 3-day conference includes a World Economic Summit as well as panels on topics as geo-politics, science & technology, and health.
Speakers include Steve Forbes, The Wall Street Journal's Stephen Moore, Congressman Ron Paul, Jeremy Siegel of the Wharton School, tech guru George Gilder, US Global Investors CEO Frank Holmes, plus top-tier newsletter advisors Keith-FitzGerald, Louis Basenese, and John Christy.
For more information, visit the Freedomfest website.
"Trying to out-guess the markets is little more than speculation," says Kelley Wright whose IQ Trends uses dividends as a guide to a stock's value. Here's some "dividend" boosters.
Data storage firm EMC Corp. (NYSE: EMC) is a buy from growth stock expert Toby Smith, who consider the stock an industry "dominator". Here's the latest from ChangeWave Investing.
"The Brazilian market has rallied strongly on an unexpected investment rating upgrade; we think the rally has only just begun," says Ian Cooper in SC Trading Pit. Here's his Brazil plays.
"Short-term, this market is prepared to go much higher," says Charles Payne. In his Wall Street Strategies, he explains why he feels Goodyear Tire (NYSE: GT) is set to roll ahead.
Peter Way selects his buys by following the trading activity of block traders -- those making large, million dollar bets. Here's the latest from Block Trader Oil & Gold Monitor.
"The major market indices have pulled back, sector leadership remains positive and the bulk of our technical indicators remain bullish," says Larry McMillan in The Option Strategist.
Jim Trippon's new book, Becoming Your Own China Stock Guru, has just been released.
The book explains what areas of China's economy will grow the most quickly in the next 12 months, and more importantly, how you can profit from them. To order the book, click here.
Mark Skousen's latest book, “EconoPower: How a New Generation of Economists is Transforming the World” (Wiley & Sons), is available for $16.47 (plus shipping) from Amazon.com (retail price is $24.95).
In EconoPower, economic experts focus on solving real-world problems, such as health care, public education, and world poverty. Included is a discussion of the new field of behavioral finance, featuring economists as Richard Thaler, Robert Shiller, and Jeremy Siegel.
Sy Harding, editor of Street Smart Report, has just published Beat the Market the Easy Way -- an update to his prescient 1999 book, How to Prosper in the Coming Bear Market. His new book is an exceptional and in-depth review of seasonal market patterns and their application to long-term timing.
For 40 years, Dick Davis has been one of the investment world's leading authorities, noted for his straight talk and common sense. In The Dick Davis Dividend, he shares a lifetime of insights into the investing process.
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"Trying to out-guess the markets is little more than speculation," says 
Tech sector expert 
Data storage firm 
"The Brazilian market has rallied strongly on an unexpected investment rating upgrade; we think the rally has only just begun," says 
"Short-term, this market is prepared to go much higher," says Charles Payne. In his Wall Street Strategies, he explains why he feels 
"Despite sharp interim setbacks, the bull market in energy is far from over," says 
"The major market indices have pulled back, sector leadership remains positive and the bulk of our technical indicators remain bullish," says 
