NEW YORK (TheStreet) -- Auto stocks have been doing well in 2013, with shares of General Motors (GM) and Ford (F) up essentially the same percentage year to date. However, that doesn't stop TheStreet's Jim Cramer from making his pick.
Some investors might just say to buy both automakers, but when you're running the Action Alerts PLUS portfolio, you simply cannot do that. That's why Cramer said he's buying GM.
He suggested that the automaker's sales should remain robust and not just in the United States.
Cramer is looking at a rebounding European economy as a reason why the automaker should continue to do well, especially after rigorous cost cutting in the region over the past several years.
He also said China should do well. The country recently posted a strong Purchasing Manager's Index number, indicating that the country's economy is continuing to hum higher.
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