Last year was one of the best in recent times for Ford (NYSE:F). This is view is applicable both in terms of business development and stock upside. In 2021, F stock surged by 136%.
I believe that the stock is likely to remain in an uptrend through 2022. The first reason is valuation. With F stock climbing from oversold levels, it still trades at a forward price-to-earnings-ratio of 11.0.
As growth accelerates, driven by electrification of vehicles, F stock is likely to command better valuation.
Read more about Ford stock here
The post Portfolio Transformation Will Continue To Take Ford Stock Higher originally appeared at InvestorPlace.