This Auto Maker Looks Like a No-Brainer Trade

There are many things to like about the world's fourth largest automaker.

For starters, it was the only major U.S. automaker able to skirt bankruptcy during the financial crisis. And due to aggressive cost cutting, it is on target to have one of its strongest years ever.

In the wake of Toyota's (NYSE: TM) ongoing vehicle recalls, customers are understandably attracted to this car company, which has an award-winning safety record.

As a result, October 2010 sales increased +15.4% compared with a year ago.

Of course, if you haven't already guessed, I'm talking about Ford Motor Co. (NYSE: F).

In addition to strong fundamentals and a compelling valuation, the technicals for Ford shares look very enticing.

Take a look at the chart below to see what I'm talking about... (more)