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Ford (F) Surges: Stock Moves 9.9% Higher

Ford Motor CompanyF was a big mover last session, as the company saw its shares rise nearly 10% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This reverses the recent trend for the company as the stock is now down 4.3% in the past one-month time frame.

The move came after the company reported better-than-expected third-quarter 2018 results.

The company has seen two negative estimate revisions in the past few weeks, while its Zacks Consensus Estimate for the current quarter has also moved lower over the past few weeks, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward, to see if this recent move higher can last.

Ford currently has a Zacks Rank #5 (Strong Sell) while its Earnings ESP is negative.

Ford Motor Company Price

Ford Motor Company Price | Ford Motor Company Quote

A better-ranked stock in the Automotive - Domestic industry is PACCAR Inc. PCAR , which currently carries a Zacks Rank #2 (Buy). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here .

Is F going up? Or down? Predict to see what others think: Up or Down

The Hottest Tech Mega-Trend of All

Last year, it generated $8 billion in global revenues. By 2020, it's predicted to blast through the roof to $47 billion. Famed investor Mark Cuban says it will produce "the world's first trillionaires," but that should still leave plenty of money for regular investors who make the right trades early.

See Zacks' 3 Best Stocks to Play This Trend >>

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PACCAR Inc. (PCAR): Free Stock Analysis Report

Ford Motor Company (F): Free Stock Analysis Report

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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