It is heavily undervalued but plenty can still go wrong. Electric vehicles and Hybrids are music to wall street's ears (they are the ONLY segment to have increased sales globally this year) but carmakers are still dealing with production issues due to COVID. Every car company will be announcing many new products to add future value to their stock as they await actual sales to rebound. (probably the true reason a hybrid Bronco isn't available right this second, they can announce it separately to more hooplah)
Sponsored