15 Best Stocks to Buy Now for Passive Income

9. Ford Motor Company (NYSE:F)

Dividend Yield as of March 5: 4.86%

On March 4, BofA reinstated coverage of Ford Motor Company (NYSE:F) with a Buy rating. The firm set a $17 price target on the stock. The analyst said Ford is well-positioned to benefit from changes in the regulatory backdrop under the current administration. Those changes could allow the company to focus more on its higher-margin trucks and SUVs.

The firm also noted that losses from the Model e segment are expected to ease over time. At the same time, Ford’s high-margin commercial business appears to be stabilizing. As those trends play out, the analyst believes the company can begin moving toward its long-term EBIT margin target of 8%. For now, margins are expected to be about 4.8% in 2026.

Also on March 4, the company reported that Ford (F) sold 149,962 vehicles in February. That figure was 5.5% lower than the same month last year, with fully electric vehicles accounting for most of the decline. EV sales dropped sharply, falling 71% to 2,122 vehicles. Hybrid sales also declined, down 21.8% to 12,010 vehicles during the month. Sales of gas-powered vehicles also slipped slightly, down 0.1%.

Looking at the lineup by vehicle type, cars posted the strongest performance. Sales rose 54.5% in February. Truck sales were down 9.4%, while SUV sales declined 2.4%. Within the pickup truck and van lineup, only the Ranger, Maverick, and E-Series recorded higher sales during the month. The F-Series posted a 16.2% decline, driven in part by a 76.3% drop in sales of the F-150 Lightning.

Ford Motor Company (NYSE:F) is an automobile manufacturer. The company develops and sells Ford trucks, sport utility vehicles, commercial vans, and cars, along with Lincoln luxury vehicles and connected services. Its operating segments include Ford Blue, Ford Model e, Ford Pro, and Ford Credit.