Ford (F) Stock Driving Higher After Earnings; Jim Cramer Comments - TheStreet.com
TheStreet's Jim Cramer , Portfolio Manager of the Action Alerts PLUS Charitable Trust Portfolio says, "This could be Ford CEO Mark Fields' break out quarter. The automaker topped analysts' expectations on both the top and bottom line, due to the continued strength of North American sales, led by its F-150 pickup truck, according to CNBC. Wall Street had expected Ford to earn 37 cents a share on $35. 34 billion in revenue, according to consensus estimates from Thomson Reuters. The second largest U. S. automaker reported its record high quarterly profit in North America, with overall automotive profit marking its best quarterly performance since 2000. "We delivered an outstanding second quarter, a great first half of... Looking ahead, Ford kept its full-year 2015 operating profit forecast of between $8. 5 billion and $9. 5 billion. Separately, TheStreet Ratings team rates FORD MOTOR CO as a Buy with a ratings score of B. TheStreet Ratings Team has this to say about their recommendation:. "We rate FORD MOTOR CO (F) a BUY. Source: www.thestreet.com
