Ford Launches Artificial Intelligence Subsidiary – Here's How to Know If the Carmaker Is a Buy Microsoft Corp. (MSFT) and Alphabet Inc. (GOOGL) have received the most attention lately in the race to harness artificial intelligence (AI) for their respective search engines, but there's a bigger world out there where AI can be used. Like in the auto industry. Ford Motor Co. (F) announced on March 2 the creation of Latitude AI, a wholly owned subsidiary that will develop automated driving technology that focuses on a “hands-free, eyes-off driver assist system for next-generation Ford vehicles.” The automaker says that the average driver spends 100 hours a year sitting in traffic, and through Latitude AI, it wants to make that experience a little less stressful, tedious, and unpleasant. RECOMMENDED LINK 11 Years, $18 million "Stock Genome Project" Ready for Launch Our data scientists spent over a decade and $18 million mapping out the DNA of over 50,000 stocks and funds... It's all part of a new initiative we're calling the Stock Genome Project. It was able to identify dozens of winning stocks last year — even as the overall markets dropped 20%. 2023 could be even better. Click here to see for yourself Ford believes that this technology will give customers “some of their day back,” as a hands-free and eyes-free driving experience could allow people to get work done in their car, read a book, or do anything else that feels more productive than crawling through traffic at a snail's pace each morning and night. The automaker also emphasized throughout its press release that safety is a top priority when building out this technology. Enabling the eyes-free and hands-free driving experience is going to be a big opportunity for Ford and its rivals, as the autonomous vehicle market was valued at $22.22 billion in 2021 and is expected to climb 241% to $75.95 billion by 2027. Now, with so much news out there about AI, many folks could have already seen this announcement from Ford, thought it sounded interesting, and then quickly forgotten about it because they didn't know how to use the information as investors. At TradeSmith, we are all about looking beyond the headlines to help you know what to do with your investable dollars. Today, we're going to do exactly that. What to Make of Ford as an Investment In the TradeSmith Daily series Buy This, Not That, we highlighted in August 2022 how Ford was not a company to own. That still holds true today, as the news about the AI division alone does not move the needle to make it an automatic buy. Right off the bat, we can start out with our Health Indicator, which places F in the Red Zone — a warning to stay away. We can also look to our Volatility Quotient (VQ), which presents the risk level associated with any given investment. It designates an investment in Ford as being “high risk.” Then, we can turn to our Money Movers tool to see what insiders are doing with their shares. There are a lot of reasons to sell a stock, but there's generally just one reason to buy a stock: You think it's going to go up. There was roughly an equal amount of buying and selling in the first quarter of 2022, but as you can see in the image below, insiders have mostly been selling their shares since then. Finally, we can turn to our newly launched Business Quality Score, which ranks every company based on a composite of four broad quality metrics: Growth: This metric measures changes in a company's metrics such as sales, profit, return on equity (ROE), return on assets (ROA), and cash flow over the past five years. Profitability: This metric measures a company's current level of profitability relative to its assets, sales, and shareholder equity. Safety: This metric measures a company's financial strength (debt burden, credit risk, etc.) and its stock's historical volatility versus the overall market. Payout: This metric measures how much of what a company earns benefits shareholders via dividends, net share buybacks, and debt repayment. RECOMMENDED LINK Want an extra $1,000 per month? Make this one trade... Years ago, Keith Kaplan was making just $4.25 per hour flipping burgers and pancakes in a fast-food joint. Now, he's able to make thousands of dollars per month with one easy-to-follow trade – a trade that has won 89.47% of the time. And in this short demo, he's revealing how YOU can use this new method to potentially add an extra $1,000 (or more) to your monthly income. ❯❯ Click here now to watch for free ❮❮ Thousands of people around the world have used Keith's tools, like: Todd S. who has used them to generate an extra $18,000. And while there's no guarantee you'll make that much money (or any money at all), Keith says this is the #1 money-making strategy to use right now. In just a few minutes, he'll walk you through this new strategy step-by-step (nothing held back) so that you can start using it today. Just click here now to get all the details for free. *The investment results described in these testimonials are not typical. Investing in securities carries a high degree of risk; you may lose some or all of the investment. Our algorithms first calculate the current quality score for each stock compared to its history and all other stocks in our database. They then average those scores for each stock and rank them from the highest quality (100) to the lowest quality (0). Ford is near the bottom of the barrel with a score of 6. As you've seen today, using these tools can help you separate the news from what really matters and give you the bigger picture of whether a company deserves your money. Enjoy your Tuesday, Keith Kaplan CEO, TradeSmith How to Beat Decision Fatigue Once and for All Good technological innovations, like the ones we're seeing in artificial intelligence, accomplish one thing: They make complicated tasks easier. For Ford, that means creating an automated system that can simplify the driving experience, making your commute less stressful and more enjoyable. For TradeSmith, that means creating an algorithm that can indicate the optimal time to buy or sell any stock, removing some of the anxiety and indecision from the investing process. And unlike Ford's system, which will be fun to test out a few months or years down the line, our tool is about making money and is available for you to use right now. It can bring clarity to your decision-making process. No more agonizing over conflicting outlooks; this tool synthesizes the most relevant market data for you and shows you — with a simple signal — when to ride out the volatility and when to collect profits. And it doesn't just make the complicated task of investing easier; it also makes it more profitable. Discover how you can try out this tool for yourself. More Investable Information at Your Fingertips TradeSmith's 2023 Guide to Beating Inflation Bitcoin Is Far from Dead (Here's Proof) This Could Be the Amazon of Gene-Editing Stocks Electric Vehicles Passed This 5% Tipping Point – Here Are 2 Investments to Make Customer Support: 866.385.2076 |  support@tradesmith.com Mailbag Questions ©TradeSmith, LLC. All Rights Reserved. You may not reproduce, modify, copy, sell, publish, distribute, display or otherwise use any portion of the content without the prior written consent of TradeSmith. TradeSmith is not registered as an investment adviser and operates under the publishers' exemption of the Investment Advisers Act of 1940. The investments and strategies discussed in TradeSmith's content do not constitute personalized investment advice. 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