Ford Motor Company (NYSE:F) is one of the stocks on Jim Cramer’s radar. A caller asked if the stock is a buy given the recent recalls and rising cost of raw materials, and Cramer commented:
“The stock acts better despite that bad news, which I like. However, I will have to say that if they don’t get that warranty stuff down, it is just too tough to recommend.”
Image by Marcin Machalski from Pixabay
Ford (NYSE:F) designs and sells a range of vehicles, including trucks, SUVs, EVs, and luxury models, along with parts, accessories, and digital services. During a July episode, Cramer discussed the company in light of auto tariffs, as he commented:
“I believe these auto tariffs are real. They’ll change the landscape even if Japan and Korea start putting in giant orders for natural gas turbines and airplanes. How can I tell? It’s easy. I look at the stock of Ford Motor. This stock would’ve been moribund for ages for a host of reasons, from warranty issues to electric vehicles slow down to too many white collar workers, is suddenly on the move. Ford is the biggest winner because its cars and trucks have the most content made in the US, even more than General Motors, although GM’s a winner from these tariffs too. I bet Ford stock could mimic the stock of Whirlpool…
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Disclosure: None. This article is originally published at Insider Monkey.
