Look at Ford (F) today up 4.4%. Ford is flying high on an analyst upgrade from Credit Suisse saying that they will post slightly ‘better-than-expected‘ North American results for the first quarter. Credit Suisse’s Christopher J. Ceraso said the following:
"If our new number proves accurate, we think it could mark a potential catalyst for the stock, as it would represent the first ‘upside surprise’ since the fourth
quarter of 2005, and potentially serve as early evidence that the Way Forward plan is beginning to gain traction"
Nice work CEO Alan Mulally is rising to the challenge. So expect the 2008 Ford Light Cycle to rollout any minute. Finally some good new
s for the troubled automaker after last week’s recall of its 2003 pickup and vans for a cruise control switch problem. Alan has a tough job ahead, you can bet he’s eating his Wheaties every morning.
McDonalds (MCD) reported today that sales rose 5.7% on U.S. Coffee and improved results in Asia. You bet the Masters last month had articles about Mickey D’s coffee vs. Starbucks and how they are getting fatter on foreign soil. Just like these hungry kids:
But don’t let their taste for cheeseburgers slow you down. Even if you hate everything McDonald’s stands for, why not cash in on their global success? According to McDonald’s website:
"Since going public in 1965, McDonald’s has paid twelve stock splits. In fact, an investment of $2,250 in 100 shares at that time, had grown to 74,360 shares worth approximately $3.3 million as of year-end market close on December 29, 2006."
Dah, Dah, Dah, Dah-Dah…I’m lovin’ it.