"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.
"Renewable fuels and clean energy, beaten down since last fall, are now primed for a major comeback," says Eric Roseman in The Commodity Trend Alert. Here's his ETF play.
"Two Royce funds are joining our universe says Walter Frank, editor of the long-running MoneyLetter. Here's a look at Royce Global Value (RIVFX) and Royce Micro-Cap (RYMCX).
"You can lock in extraordinary yields right now from Business Development Companies," says Adrian Day.In his The Global Analyst he reviews a trio of mezzanine finance firms.
"Most investors should hold some foreign positions in their portfolios," says Leonard Goodall in his No-Load Portfolios. Here, he looks to Latin America and Northern Europe.
Using a "volume reversal" strategy, Mark Leibovit has been consistently ranked among the top newsletter timers. In his VRTrader, he looks at the outlook for stocks, oil, gold & silver.
"I’ve long favored Russia, building my case around energy and the infrastructure boom taking place," says Yiannis Mostrous in Silk Road Investor. Here's his top energy plays.
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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"Renewable fuels and clean energy, beaten down since last fall, are now primed for a major comeback," says 
"Two Royce funds are joining our universe says Walter Frank, editor of the long-running MoneyLetter. Here's a look at 
"
"You can lock in extraordinary yields right now from Business Development Companies," says 
"Most investors should hold some foreign positions in their portfolios," says Leonard Goodall in his No-Load Portfolios. Here, he looks to Latin America and Northern Europe.
Using a "volume reversal" strategy, 
"I’ve long favored Russia, building my case around energy and the infrastructure boom taking place," says 
