Buy Ford Under $20

Ford Motor (NYSE: F) has closed below our stop-loss price, which we proved for our readers who prefer to limit their downside volatility. But I continue to rate it a buy after its strong 2015 performance.

Ford’s sales in China rose 3% last year to set a new record at 1,115,124 total vehicles sold. While sales there will slow if the Chinese economy continues to weaken, the market isn’t crucial for Ford. Out of total revenue of more than $144 billion last year, the Asia Pacific region accounted for just $10.7 billion.

Ford has also reported a phenomenal December here in the U.S., with sales up 8.4% to 239,000 units, with F-Series sales up 14.6% alone. More than 2.6 million Fords were sold in the U.S. last year, making it the best-selling auto brand for six straight years now. The automaker now expects that pre-tax profit will come in between $10 billion and $11 billion for the year. Final results won’t be announced until Jan. 28.

Ford remains a strong company and is getting stronger as it continues to improve both its sales and margins. This is an opportunity to pick up an iconic automaker on the cheap, with also offers a solid 4.8% yield.