Jim Cramer made the following calls on July 24th, 2013. What do you think about his picks?
Ford Motor Co. (NYSE:F): Jim Cramer ranked this stock a Buy. Cramer previously ranked this stock a Buy on July 19, 2013. The stock’s 52-week high is $17.68, and its 52-week low is $8.82.
Cramer likes Ford, and has for a while. The company has been growing market share in the U.S. and in Europe, despite tough goings there, and as a whole, Cramer likes the auto industry. Based on preliminary earnings results, Ford is expected to report a profit $454 million, up from $438 million in pretax profits from a year ago. Ford is within striking distance of its 52-week high today, trading at $17.20 currently.