Ford Stock Up 757% Since the 2008-2009 Crash
The stock market has made a immense comeback from the market lows set during the Great Recession and Financial Crisis — on March 9, 2009 the S&P 500 index traded at 676.53 and has now climbed 660.85 points to close at 1337.38 on April 21, 2011 — over a 97% gain from the bottom but many investors missed out on much of the two-year bull market run that some experts say will continue into next year.
Investors are wondering how much upside can possibly be left in stocks that have rallied substantially higher for two years in a row and deciding which stocks will continue rallying will depend on which companies have emerged from the recession, positioned to capitalize on major “Consumer Trends” and increasing market demand for specific products and services.
With stocks such as “Ford” having staged a comeback over the last two years amid unstable economic conditions should be able to pick up even more momentum when the economy generates higher levels of growth. The truth is, there could be considerable upside left in Ford shares — even though it has increased over 8x in value during the last two years.
Ford Motor Co. (NYSE: F) – 757%
Ford stock price has jumped from $1.74 on March 9, 2009 to $14.91 at the end of the first quarter this year (March 31, 2011). The automaker continues to benefit from smart management and a strong product line that has definitely connected with the general public. Ford has stepped up its production of hybrid cars, and the Ford Fusion hybrid placed third in hybrid sales in February and its Escape hybrid placed seventh. With gas prices spiking, Ford’s hybrid sales should continue to increase, keeping its growth prospects for the next 12 months strong.