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Ford Coming On Strong

By Jim Cramer

About this article:
If you go through the Ford quarter, the only thing you don't like is the hint that it has to raise more money. Everything else says this company has the right models, the right amount of inventory and the right amount -- this is really important -- of leadership in Alan Mulally. Yes. Leadership. An when your competitors are in disarray -- Chrysler and General Motors -- and you have the right models and the cheap financing, courtesy of the expanded Cash for Clunkers program, you are going to go higher. What I want to warn people about, though, is the cash burn and the intelligent way that Mulally knows about financings. If I were Mulally, I would, right now, either do a new convertible preferred or another giant equity offering, as this stock may be the stock for a third-quarter gain of 3% if JPMorgan is right. So,...

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