Jim Cramer on Ford: "The Stock Could Slip Below 11"

Ford Motor Company (NYSE:F) is one of the stocks in Jim Cramer’s recent game plan. With the company set to report this week, Cramer mentioned it and remarked:

“After the close, Ford reports. I want, look, we gotta find out how much damage this gigantic fire at a key aluminum plant will do to their numbers. If the numbers do come down, by the way, I think the stock could slip below 11.”

Ford Motor Company (NYSE:F) manufactures, and sells Ford and Lincoln vehicles, including internal combustion, hybrid, and electric models. When a caller sought advice from Cramer about the company stock during the October 10 episode, he responded:

“Okay, I was thrown by the impact that this fire had, and it’s caused me to recalibrate. I do think that Ford’s good, but I think numbers might be too high because that fire hurt so many parts of their operation.”

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Disclosure: None. This article is originally published at Insider Monkey.