Mad Money Mailbag: Cruisin' With Ford
Editor's note: The following are questions received from viewers of "Mad Money," seen every day at 6 p.m. EST on CNBC.
With Ford (F Quote) supposedly on the road to profitability, is it worth buying here? -- Kenneth from California Jim Cramer: I believe the company is finally making some necessary cost-cutting, and that the stock could move 50% higher over the coming quarters.
If financial, technology, and big pharma are the best sectors right now, what stocks do you believe are "best of breed?" -- Mark from Pennsylvania Jim Cramer: In my opinion, Cisco Systems (CSCO Quote) is one of the better technology stocks to own right now, because of the ramping amount of cable and telecom spending. In the financials, I have to go with Goldman Sachs (GS Quote), which I own in my charitable trust, Action Alerts PLUS. Finally, I'd pick Genentech (DNA Quote), which can grow faster than any of the major traditional drug companies. With the stock more than 25% off its recent highs, the company also looks attractively valued.
Want more Cramer? Check out Jim's rules and commandments for investing from his latest book by clicking here.
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