This column was originally published on RealMoney on Feb. 13 at 10:18 a.m. EST. It's being republished as a bonus for TheStreet.com readers. For more information about subscribing to RealMoney, please click here.
How do you get your auto stock up? Pretty simple, you fire people. And then you fire some more. You retreat. You become small. And you accept the fact that
is going to take over the world because it has
legacy costs and is non-union.
have done well because all of them have decided to go for profitability. They all have it in reach because they can buy out people and start over.
But they can't be big.
What's interesting is that the demand is there for cars. Amazingly there. In fact, the demand is more robust that anyone would think, given the need for people to finance cars and all of the problems we see in financing for the less-well-off.
These guys just can't keep losing money meeting the demand.
In reality, you have a virtuous circle going on: GM, Ford and Daimler cut production and go up; Toyota increases production, and its stock goes up.
is still prepping for a May cut. ...
breaking out to be pinned at $215.
attempting to be pinned at $180.
obviously at $85. Can
go to $100? Can
break out? I don't think so. ...
slated to go to $70 and
to $30. ...
puts being used to buy common, as the ag-as-oil trade keeps going. ...
actually makes money by manufacturing low and making solar economic; no wonder it is up so much.
At the time of publication, Cramer was long Toyota, Goldman Sachs, Sears, Altria and AIG. Jim Cramer is a director and co-founder of TheStreet.com. He contributes daily market commentary for TheStreet.com's sites and serves as an adviser to the company's CEO. Outside contributing columnists for TheStreet.com and RealMoney.com, including Cramer, may, from time to time, write about stocks in which they have a position. In such cases, appropriate disclosure is made. To see his personal portfolio and find out what trades Cramer will make before he makes them, sign up for
Action Alerts PLUS. Watch Cramer on "Mad Money" weeknights on CNBC. Click
here to order Cramer's latest book, "Mad Money: Watch TV, Get Rich," click
here to order his book, "Real Money: Sane Investing in an Insane World," click
here to get his second book, "You Got Screwed!" and click
here to order Cramer's autobiography, "Confessions of a Street Addict." While he cannot provide personalized investment advice or recommendations, he invites you to send comments on his column by
TheStreet.com has a revenue-sharing relationship with Traders' Library under which it receives a portion of the revenue from Traders' Library purchases by customers directed there from TheStreet.com.