Jim Cramer Reacts to a Caller on Ford Motor Company and Shares Crucial Trading Advice
Ford Motor Company (NYSE: F ) was one of the stocks on Jim Cramerโs radar on Mad Money as he explained that many investors might be missing out on the marketโs biggest winners . Inquiring about the stock, a caller mentioned that they took 20% โoff the topโ and asked if they shoul
Ford Motor Company (NYSE: F ) was one of the stocks on Jim Cramerโs radar on Mad Money as he explained that many investors might be missing out on the marketโs biggest winners . Inquiring about the stock, a caller mentioned that they took 20% โoff the topโ and asked if they should sell the rest of their position. Cramer replied:
Youโre doing it perfectly. In this market, that Ford story, which should have been crushed about three weeks ago, is still making it go higher. So youโre taking some off, so you have, are not going to be able to be a loser. Youโll be a winner, and I congratulate you for going right back in. You know, Ford is on a parabolic move. You took some off, thatโs perfect.
Ford Motor Company (NYSE:F) sells Ford and Lincoln vehicles, including trucks, SUVs, cars, hybrids, and EVs. The company also provides parts, digital services, and financing solutions. During the May 11 episode, a caller noted that they have a position in the stock, and Cramer replied:
Alright, Ford is very hard to own because they got warranty problems, and we got a war on, and rates donโt seem to be going lower, so Iโm going to have to take a pass on that one.
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