Ford Unveils Ambitious Mid-Decade Plan and 2 More Heavily Traded Stocks to Follow
Ford Motor Co. (NYSE:F): Current price $16.89
On Wednesday, Ford outlined an ambitious mid-decade plan that includes a 25 percent hike in projected capital spending to exploit increasing global automotive demand along with the possibility of a higher dividend. In an investor presentation, the No. 2 domestic automaker anticipates capital expenditures to be roughly $7.5 billion by mid-decade, which would be up from its prior target of $6 billion.