10 Undervalued Cyclical Stocks to Invest In

​7. Ford Motor Company (NYSE:F)

Forward P/E Ratio: 13.48

Number of Hedge Fund Holders: 44

​Ford Motor Company (NYSE:F) is one of the Undervalued Cyclical Stocks to Invest In. On January 7, CNBC reported that Ford Motor Company (NYSE:F) has plans to introduce its autonomous driving technology in its $30,000 all electric vehicles by 2028.

This development will put the company in the race with some leading AV technology companies, including Tesla, GM, and Rivian Automotive. The report highlighted that although the company’s plan is similar to its competitors’, what sets it apart is that the company plans to offer this technology in its mainstream models rather than some pricier new models. The first vehicle to incorporate Ford Motor Company’s (NYSE:F) new Universal EV platform technology is expected to be a midsize truck priced at around $30,000 by 2027.

​That said, Wall Street is also bullish on the stock. On January 8, Alexander Potter from Piper Sandler upgraded the stock from Neutral to Overweight and also raised the price target from $11 to $16. On the same day, Joseph Spak from UBS reiterated a Neutral rating on the stock with a $12.5 price target.

​Piper Sandler noted the company’s latest AV and electric vehicle announcements as “welcome developments.” The firm sees these developments aligning with the modern manufacturing philosophy in the automotive segment. Piper Sandler anticipates these developments to boost the company’s performance in 2027 and 2028.

​Ford Motor Company (NYSE:F) develops, delivers, and services Ford trucks, sport utility vehicles, commercial vans, and cars, and Lincoln luxury vehicles worldwide.