FORD MOTOR CO. $16 (New York symbol F; Aggressive Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 3.9 billion; Market cap: $62.4 billion; Price-to-sales ratio: 0.4; Dividend yield: 2.5%; TSINetwork Rating: Extra Risk; www.ford.com) continues to expand in China. It sold 75,331 vehicles in that country in April 2013, up 37% from April 2012. That’s mainly due to strong demand for its new Focus sub-compact car and several of its sport utility models.
The company plans to launch 15 new vehicles in China by 2015. It also aims to double its production capacity in China, to 1.2 million vehicles, by 2015.
Ford is a buy.