Dearborn, Michigan-based Ford Motor Company (F), with a market cap of $49 billion, is a global leader in automotive design, manufacturing, and mobility solutions. Established in 1903 by Henry Ford, it is a key player among Detroit's “Big Three,” renowned for its Ford and Lincoln vehicles, including Mustang, F-Series trucks, and Explorer SUVs.
Shares of the auto giant have considerably underperformed the broader market over the past 52 weeks. F has gained 6.8% over this time frame, while the broader S&P 500 Index ($SPX) has rallied 27.5%. In 2024, Ford stock is up marginally, compared to SPX's 11.2% gains on a YTD basis.
