5 Best Auto Stocks To Buy Now

4. Ford Motor Company (NYSE:F)

In Ford Motor Company (NYSE:F), there were 38 funds holding $1.08 billion worth of stock at the end of September, substantially higher compared to 30 funds and $791.59 million a quarter earlier. Among these funds, Peter Rathjens, Bruce Clarke, and John Campbell’s Arrowstreet Capital is the top shareholder with a stake containing 49.43 million shares, up by 44% on the quarter. Other investors include Richard S. Pzena’s Pzena Investment Management, Edgar Wachenheim’s Greenhaven Associates, and Ken Griffin’s Citadel Investment Group.

At the beginning of December, Ford Motor Company (NYSE:F) disclosed its sales for the last month, reporting a decline of 20.9% on the year to 149,931 vehicles. Nevertheless, Ford’s third-quarter sales topped expectations with EPS of $0.65 an revenue of $34.71 billion beating the consensus estimates by $0.47 and $1.81 billion, respectively.