13 Best High Volume Stocks to Buy Now

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11. Ford Motor Co. (NYSE:F)

Average Volume (3-Month): 128.16 million

Number of Hedge Fund Holders: 45

Ford Motor Co. (NYSE:F) develops, delivers, and services Ford trucks, sport utility vehicles, commercial vans & cars, and Lincoln luxury vehicles. The company operates through Ford Blue, Ford Model e, Ford Pro, and Ford Credit segments. It also offers wholesale loans to dealers to finance the purchase of vehicle inventory.

Ford Pro achieved solid Q1 results with strong demand for Super Duty chassis cabs and Transit wagons, despite planned downtime. It holds over 40% market share in the US Class 1 to Class 7 truck and van market. This is driven by the increasing customer-paid mobile repair orders, which were 7% of the total, and a 20% year-over-year rise in paid software subscriptions to 675K.

On May 7, Citi analyst Michael Ward raised the price target on Ford to $11 from $10 while keeping a Neutral rating. Notably, Citi pointed out that the stock has been trading between $10 and $14 per share over the last 3 years due to problems with new vehicle launches, increases in warranty accruals, and losses with BEV production.

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