Micah Dickson's  Instablog

Micah Dickson
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I am a passionate investor who is constantly trying to grow and expand my knowledge. I believe the financial markets are, not only fascinating, but vital to our economy and to the world. I have worked in the financial sector since 2005.
  • Ford Presses on the Gas to More Profit 0 comments
    Oct 25, 2010 5:27 PM | about stocks: F
    Published: Monday, 25 Oct 2010 | 3:19 PM ET
    Web Editor, Mad Money

    Cramer is right on this one I believe. Ford(NYSE:F) has been making all the right moves. Quality is up. Customer satisfaction is up. Ford's stock is up. Everyone I've talked to who has bought a new Ford vehicle loves it. I won't lie, the new Taurus looks amazing.

    This is in contrast to Chrystler who is looking to be running into so serious troubles. I heard on the radio(yes people still listen to it) that Chrystler looks like it has some great cars coming but since it takes so long to get new car lines to market, it may be awhile before they see any real profits. Yikes.

    Moral of the story: Ford's got it right. Amazing what not taking governement money can do for you.

    Disclosure: No Positions
    Stocks: F
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