NEW YORK (TheStreet) -- Ford (F) is a company in a positive transition to growth. Like its beleaguered rival General Motors (GM), Ford is perceived by Wall Street as a "glass half full." Ford stock closed Wednesday at $17.43, up 1.87% for the day and up nearly 13% year to date. GM, on the other hand, is down 7.1% year to date, and closed at $37.97.
Ford's unit sales for June fell 5.8%. But because analysts were anticipating a larger 6.6% drop, the news was perceived as good. Then there's the new CEO of Ford, Mark Fields, and his relatively modest starting compensation package -- which is loaded with incentives to bring his company success.
With some CEOs earning $30 million per year, Fields' annual salary of $1.75 million looks modest. In fact it's $250,000 less than his predecessor Alan Mulally. But again, Wall Street is upbeat.
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