Ford (F) Announces 50th Anniversary Mustang

NEW YORK (TheStreet) -- Ford (F) announced it will offer a limited edition 50th anniversary Mustang GT Wednesday.

Shares of Ford were gaining 1% to $16.00.

Ford is showing off the anniversary edition of the car at the New York International Auto Show, and on the 86th floor observation deck of the Empire State Building. The automaker will only produce 1,964 50 Year Limited Edition models to celebrate the year when the car was first released.

The Limited Edition models will be available in white and blue and will be some of the first models produced when 2015 Mustang production begins later this year. The Limited Edition car features special chrome around the grille, windows, and tail lights, and a faux gas cap badge where the cap sat on the original car.

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TheStreet Ratings team rates FORD MOTOR CO as a Buy with a ratings score of B. TheStreet Ratings Team has this to say about their recommendation:

"We rate FORD MOTOR CO (F) a BUY. This is driven by multiple strengths, which we believe should have a greater impact than any weaknesses, and should give investors a better performance opportunity than most stocks we cover. The company's strengths can be seen in multiple areas, such as its solid stock price performance, revenue growth, attractive valuation levels, good cash flow from operations and impressive record of earnings per share growth. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated."

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