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Why Are Ford Shares so Cheap?

Despite reporting record pre-tax earnings and operating margins, Ford (F) shares plunged by 8.3 percent on the week. What went wrong? Management’s cautious outlook is raising concern for investors.

Ford’s management anticipates a number of risks ahead. Brexit not only cost the company hundreds of millions in exchange rate losses and lower sales, but there are risks of globally soft sales. In the second...


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