Cramer Likes Tesla But Prefers Ford Shares Over Elon Musk-Led Automaker — 'This Stock Could Get Back To Its High Of…'
Portfolio Pulse from Bhavik Nair
Jim Cramer believes investors should continue to own Tesla stock due to its growth potential but sees more value in Ford shares. He thinks Ford's stock could reach its high of $25 and prefers it over Tesla at current prices.
June 21, 2023 | 2:28 am
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POSITIVE IMPACT
Jim Cramer sees more value in Ford shares and believes the stock could reach its high of $25.
Jim Cramer's positive outlook on Ford shares and his belief that the stock could reach its high of $25 could lead to increased investor interest and a potential short-term price increase.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100
NEUTRAL IMPACT
Jim Cramer supports owning Tesla stock due to its growth potential but prefers Ford shares at current prices.
While Jim Cramer acknowledges Tesla's growth potential, his preference for Ford shares at current prices may not have a significant short-term impact on Tesla's stock price.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 100