Jim Cramer Sees Ford (F) as Good Long-Term Story
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Shares of Ford Motor Co. (NYSE: F) shares have fallen back recently since hitting a post recession high of near $19, but CNBC Mad Money host Jim Cramer sees the company as a strong long-term play.
"I think Ford is good to buy," Cramer said. "I don't think it is going to do anything in this environment of worry and woe, but I think Ford is a good stock for many years, and I am a believer in Ford."
Cramer during his "lightning Round" segment on Wednesday added that last quarter was not strong, but worries should be tempered.
Shares of Ford are up 28 cents to $14.45 in premarket movement on Thursday.
"I think Ford is good to buy," Cramer said. "I don't think it is going to do anything in this environment of worry and woe, but I think Ford is a good stock for many years, and I am a believer in Ford."
Cramer during his "lightning Round" segment on Wednesday added that last quarter was not strong, but worries should be tempered.
Shares of Ford are up 28 cents to $14.45 in premarket movement on Thursday.
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