- Price as of May 30, 2022: $13.62
- YTD % change: -34.42%
Shares of Ford Motor had an incredible 2021, jumping 136.29%, but they have lost about one-third of their value YTD in 2022. As with Macy’s, Ford shares share an attractive combination of a low multiple of about 5x earnings with a well above-average yield of 3.05%.
Ford was maligned for decades as an old-school company that had nothing exciting to offer, and its shares are still trading at the same price they were way back in 1996. But times are turning for the venerable company, which has surged to be an industry leader in electric vehicles.
The company is essentially all-in on the coming electric vehicle revolution, investing billions of dollars in plants, equipment and research. This shift is already paying dividends, as the company’s F-150 Lightning electric truck is so popular that reservations are no longer being accepted in 2022.