NEW YORK (TheStreet) -- Ford Motor (F) shares are down -0.8% to $17.11 on Tuesday after the company reported a 6% decline in U.S. vehicle sales in June.
The company sold 222,064 vehicles during the month while retail and fleet sales fell 5% and 7%, respectively.
The Ford Fusion was a bright spot for the company as 27,064 units were sold during the month, its best June performance ever.
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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 a number of 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 revenue growth, good cash flow from operations, increase in stock price during the past year and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income."