Focus on Ford:Garnering Praise

Goldman Sachs has placed Ford Motor Company on its conviction buy list.It says Ford is doing well enough to get through at least 2010;the chances of their needing aid are very low.Goldman has put a six-month price target of 6.00 on Ford shares.Ford reported Q1 earnings of -0.75 a share,versus an estimate of -1.23.Its Q1 revenue was 24.8 billion dollars,versus an estimate of 22.01.It had 21.3 billion in cash at the end of Q1.Many consumers are giving Ford credit for shoring up its finances before the financial crisis took hold,so that it could survive on its own now.