Boston, MA 12/25/2013 (wallstreetpr) – Ford Motor Company (NYSE:F) recently announced its plans to introduce 23 new vehicles, 16 of which will be for the U.S. market and the rest will have global appeal. Then in the same vein, the company announced that it was expecting a fall in profit in 2014 as expenses are expected to go up in the year. But before all this, the company had sought to assure the investors that its Chief Executive Mr. Alan Mulally is not going anywhere.
Talk about Mr. Mulally, the CEO is credited for turning around the company in such a short time that he has confounded analysts and investors in equal measure. A few years ago, Ford Motor Company (NYSE:F) was a loss-making company, that investors avoided like a plague. However, today it stands out as one of the best performing auto companies around.
The success of Mr. Mulally at Ford Motor Company (NYSE:F) has been noticed by other companies that are now seeking to have him lead their operations. One such company is Microsoft Corp (NASDAQ:MSFT). This software giant company is currently in the process of recruiting a new CEO who will take over the reins when the current chief Mr. Steve Ballmer retired next year. And Mr. Mulally has been widely mentioned as a favorite candidate for the job.
In the past one or two weeks, there have been conflicting announcements about Mr. Mulally’s true position, as to whether he is gearing up himself to take up the job at Microsoft or he is going to remain with Ford Motor Company (NYSE:F). It baffles that, while the board of Ford was planning what looked like a crisis meeting to discuss Mulally issue, the company continues to say that the CEO is not going anywhere, can we buy this argument? Only time will tell.
Buy opportunity
The stock of Ford Motor Company (NYSE:F) suffered at the announcement that the company expected a lackluster year in 2014. There is nothing wrong with this announcement and the recent drop in stock price only accords an opportunity for investors to buy more. The reason is that the company has put in place, plans that would give it a bigger market share in more emerging markets and this means that 2015 would certainly be a boom year for investors in this stock.
