But that is a mirage. Ford Motor's stock price factors in the company's recent poor performance records, and it is poised to fall further.
Ford Motor is losing market share in both Europe and North America. Factories are being idled, and the company has come under fire from President-elect Donald Trump.
There are only a few factors working in Ford Motor's favor including that the company's trucks division has reflected healthy movement, China has been largely positive and the 5%-plus yield is tantalizingly attractive.
Ford Motor's strongest market -- the U.S. -- is under a cloud. Third-quarter pre-tax profits in North America plummeted 57% from a year earlier.
And as sales declined, costs increased correspondingly.
The entire automobile landscape is in the middle of a paradigm shift.
Electric-vehicle owners prefer Tesla Motors, despite its sluggish delivery standards.