Jim Cramer’s Stop Trading: Ford Motor (NYSE:F) is a $20 Stock in 2012
“Ford Motor Company (NYSE:F) is the play on Toyota Motor Corporation’s (ADR)(NYSE:TM) global recall,” Jim Cramer said on a recent “Stop Trading!” segment. He mentioned that a lot of investors think the play is Honda Motor Co., LTD. (ADR)(NYSE:HMC), but Ford Motor is in a better position to take advantage of Toyota’s demise. “I think Ford CEO Alan Mulally is the big winner,” Cramer said. He pointed to Ford’s balance sheet and its ability to eventually get better financing as reason to buy Ford. Cramer predicted that Ford will be a $20 stock in 2012. Moving on to the financial sector, Cramer said PNC Financial Services (NYSE:PNC) is his favorite trade of the day. The company just sold $3 billion of stock at $54 a share to pay back its government bailout. Cramer said the stock was recently trading down because of the weak market, not the company. He told viewers to use any dip as an opportunity to buy PNC, especially since the company just reported a good quarter. the scoop on tomorrow’s hottest trade ideas – TODAY! BeaconEquity.com PREMIER PICKS have an amazing track record. Join this select group and ride the profit wave!
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