Ford Motor Company (F) has been struggling for years, but according to CNBC’s Jim Cramer, the stock may finally be poised for a comeback. Cramer believes that the company has been held back by its past mistakes, but with new leadership and a focus on electric vehicles, Ford could be a hidden gem for retail investors.
Cramer points out that Ford has made some major changes in recent years, including replacing its CEO and investing heavily in the development of electric and autonomous vehicles. These moves have already shown positive results, with Ford’s new electric Mustang Mach-E selling out quickly and the company’s stock showing signs of growth.
For retail investors, this could be an opportunity to get in on a potentially undervalued stock. With Ford’s new focus on electric vehicles, they are positioning themselves to compete with industry leader Tesla. As the demand for electric vehicles continues to rise, Ford could see significant growth in the coming years.
While Ford’s past struggles may have turned some investors away, Cramer sees this as an opportunity to buy low and potentially reap the rewards in the future. With a strong brand, a new focus on electric vehicles, and a potential for growth, Ford could be a smart investment for retail investors looking for a hidden gem in the stock market.
In conclusion, Ford Motor Company (F) may have been held back in the past, but with new leadership and a focus on electric vehicles, the stock could be a hidden gem for retail investors. As demand for electric vehicles continues to rise, Ford has positioned itself to compete with industry leader Tesla and potentially see significant growth. This could be an opportunity for retail investors to buy low and potentially see big returns in the future. Keep an eye on Ford as it continues to make changes and moves towards a more electric future.