Reported 1 day ago
Jim Cramer analyzed Ford Motor Company's stock performance amid news about automotive import tariffs, noting that while higher tariffs on imports from Japan and South Korea could benefit domestic automakers, both Ford and GM stocks fell, indicating skepticism among investors about the situation. Despite potential stock opportunities, Cramer warned that the auto industry faces challenges with increased costs from tariffs on Canadian materials, making investing in traditional auto stocks risky compared to emerging AI stocks.
Source: YAHOO