NEW YORK (TheStreet) -- Ford Motor (F) shares are up 1.4% to $15.36 in trading on Monday, the same day the company unveiled its Shelby GT Mustang model ahead of this week's Los Angeles Auto Show.
A record 33 cars are expected be unveiled by different car companies at the annual trade show in Los Angeles where Ford is expected to showcase its more fuel efficient Explorer SUV model as well as its aluminum sided F-150 pickup truck.
Separately, Barron's reported today that the company's shares could soar as much as 30% over the next year driven by positive reaction to its new F-150 model.
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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 several positive factors, 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 attractive valuation levels, good cash flow from operations and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income."