| Hey traders, Lance Ippolito here! Welcome to our Weekly Rundown, where we'll share some of our top trading ideas — and our biggest winners!
This week we saw Ford Motor Co. (NYSE: F) fall as much as 5% after a few down days… which is crazy to me. As many of you may know by now, I'm a Ford kind of guy. I'm also a strong believer in that if you haven't looked at Ford stock lately, look again! It's up 45% over the past three months, even with the recent dip.
So I've been wondering how my favorite stock could fall amid market gains… outside the Nasdaq at least. Not wanting to wait around and find out if this dip was something I should worry about, I did a little recon.
I went to the Ford dealership near my house to get the inside scoop on how well the company is actually performing. And I think I might have found some golden nuggets of information for you traders out there...
So what they're telling me is that the Ford Bronco Sasquatch package will come to dealerships in late summer 2021. That means we can already anticipate the boost this should bring for the stock, and capitalize on it before anyone else notices. Yeah, buddy!
Now as for the 2021 Ford F-150 Raptor, they still have no idea when we'll see them. Why?
The Ford dealership can't get the new F-150's in stock fast or long enough before they're sold out.
To put it into perspective, the dealership told me they sell 604 vehicles a month on average. And that's just coming from a small dealership near my house. Lets not forget how Ford's making waves on the EV market with its new, all-electric crossover Mustang Mach-E. Heck, the Mustang even seems to be one of the main reasons Tesla Inc. (Nasdaq: TSLA) is losing market share this year.
With so many new vehicles coming out in 2021, I'm anticipating a good year for Ford's market value and share prices. And you never know, there might just be a Ford in your future!
Take a Look at This Formula
What would you do if I told you that you could win in the markets... even when you're wrong about the direction of a stock?
Even when the stock market moves against him! Now Chuck is finally revealing to the world what he's found, and how YOU can start using this strategy to pull potential profits today.
Our Members-Only Pick of the Week
Finally, just for our VIP members, we have our free pick of the week from our 3D Profit Surges service, and it's on ADT Inc. (NYSE: ADT).
We saw two insider purchases on March 5, one by CEO Jim DeVries, who bought just over $1 million in common stock.
The company's executive vice president also invested about $50,000.
With the housing market booming with would-be buyers, more and more people are investing in home security platforms like ADT.
So we're going long on ADT with a profit target of $10 a share, and a stop loss at $7.
If you're trading the option... ADT (May 21 $7.50 CALL). Enter at no more than $1.15 a contract with a $2.50 profit target.
Signing Off
If you're looking for more compelling trade ideas and stock market musings to read and help you prepare for what lies ahead, here's what other experts at WealthPress are saying:
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