NEW YORK (TheStreet) -- Ford Motor Co (F) stock is up 1.3% to $16.14 in trading on Tuesday.
The bump comes following the news that Ford China sold a record 103,815 vehicles in China in March, a 28% jump in sales over the same month in 2013, for the Michigan-based car manufacturer.
First quarter sales for the company are up 45% over the same period last year with 271,321 vehicles sold so far this year in China.
"Our strong sales momentum demonstrates the success of our accelerated China growth plan and puts Ford in a great position as we get ready to showcase our full product lineup at the Beijing Auto Show," said Ford China CEO John Lawler.
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TheStreet Ratings team rates FORD MOTOR CO as a Buy with a ratings score of B. TheStreet Ratings Team has this to say about their recommendation:
"We rate FORD MOTOR CO (F) a BUY. This is driven by multiple strengths, which we believe should have a greater impact than any weaknesses, and should give investors a better performance opportunity than most stocks we cover. The company's strengths can be seen in multiple areas, such as its solid stock price performance, revenue growth, attractive valuation levels, good cash flow from operations and impressive record of earnings per share growth. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated."