Ford (F) - Get Ford Motor Company Report reported a surprise profit with adjusted earnings of 13 cents a share on revenue of $26.8 billion. The company also boosted its guidance despite ongoing impact from the global chip shortage.
Jim Cramer broke down how Ford CEO Jim Farley addressed the global chip shortage differently than other automakers in the video above.
Recap TheStreet Live: Everything Jim Cramer Is Watching 7/29/21
Ford is a holding in Jim Cramer's Action Alerts PLUS charitable portfolio.