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Cramer's 'Mad Money' Recap: Ford Ready to Purr

By TheStreet.com Staff
10/1/2007 7:39 PM EDT

"Tonight we mourn the dissolution of capitalized labor," Jim Cramer told viewers of his "Mad Money" TV show Monday.

General Motors has tentatively reached an agreement with the United Auto Workers union in favor of GM, and now Cramer believes the union has been weakened.

The next big money, he said, should be made in Ford, which is next to negotiate with the UAW. Cramer wants people to get into Ford ahead of its meeting with the union because he believes CEO Alan Mulally will turn those negotiations into money for shareholders.

While Cramer called GM the better company, he believes Ford is the better stock because it's "depressed." With the GM blueprint, he said it should be easy for Ford to win the UAW agreement. Further, Cramer expects after the deal that there will be "massively lower" health care costs at Ford.

Also, Ford is in a better cash position with better expected cash flows than GM, he said. Ford is ready to climb out of its range and go higher, Cramer said. It is a stock to consider getting into.

Organized labor at the industrial level has been in bad shape and is now getting worse, Cramer told viewers. Another pin-action play off the GM deal that Cramer believes should break out of its range and go higher is American Axle

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I have owned Ford since I decided to start this site.

Mullaly, do not let me down! I have Faith in you Bill and your team.
 

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Crammer said:
While Cramer called GM the better company, he believes Ford is the better stock because it's "depressed." With the GM blueprint, he said it should be easy for Ford to win the UAW agreement. Further, Cramer expects after the deal that there will be "massively lower" health care costs at Ford.
Also, Ford is in a better cash position with better expected cash flows than GM, he said. Ford is ready to climb out of its range and go higher, Cramer said. It is a stock to consider getting into.

hmmm, I missed Crammer (sic) today,
but I've seen him talk about Ford before and
HE KNOWS NOTHING™ about the actual vehicular side of things...

so it's nice that he sees market-reasons for an upswing
but it just doesn't mean much to me
since imho SkeeDaddy ain't about "investments", just quick and MAD™ $$$$
 

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Discussion Starter #5
hmmm, I missed Crammer (sic) today,
but I've seen him talk about Ford before and
HE KNOWS NOTHING™ about the actual vehicular side of things...

so it's nice that he sees market-reasons for an upswing
but it just doesn't mean much to me
since imho SkeeDaddy ain't about "investments", just quick and MAD™ $$$$
Oh, the guy is a total J-A!! I posted the note because I thought it was funny and because for the love of money I hope he is right.

For purposes of disclosure I have owned F since 2002.
 
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