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With a TTM operating cash flow of $18.92 billion, Ford Motor Company (NYSE:F) is included among the 12 Cash-Rich Stocks to Buy Right Now.

Ford Motor Company (F) - Among the 12 Cash-Rich Stocks to Buy Right Now

On June 8, UBS raised its price recommendation on Ford Motor Company (NYSE:F) to $17 from $14. It reiterated a Buy rating on the shares. The firm said the stock’s 28% gain over the past month has been driven by growing enthusiasm around Ford Energy’s battery energy storage system opportunity. According to the analyst, future customer announcements related to the battery energy storage business could serve as catalysts for the stock.UBS noted that Ford holds the license for CATL lithium iron phosphate technology in the U.S., a position the firm believes is difficult for competitors to replicate.

While Ford remains primarily an automotive company, UBS estimates that Ford Energy will account for only 6% of earnings by 2030. Even so, the analyst argued that investors may find the Ford Energy story more compelling than some other non-automotive opportunities.

Ford Motor Company (NYSE:F) develops and delivers Ford trucks, sport utility vehicles, commercial vans, and cars, as well as Lincoln luxury vehicles. The company also provides connected services, including BlueCruise (ADAS) and security solutions.

While we acknowledge the risk and potential of F as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than F and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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