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INVESTORS INTERESTED IN FORD AND GM
After years of shunning the U.S. s two largest car
companies, investors are finally starting to kick the tires on
General Motors Co. and Ford Motor Co. Ford shares have surged about
20% this week and have risen about 35% in January, which would mark
their best month since April 2009. The move this week followed a
Deutsche Bank report suggesting Ford could give a
brighter-than-expected profit outlook for 2021 when it reports
fourth-quarter earnings on Feb. 4. GM s stock price also has
jumped about 35% this month, to a record level since shares began
trading in 2010, following the auto giant s bankruptcy a year
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