Why Ford (F) Is Down Today

NEW YORK (TheStreet) -- Ford (F) was falling 0.6% to $15.99 Wednesday due to worries over recalls, despite the company's positive sales numbers for March in China.

Many car manufacturers have recently issued recalls, with GM GM perhaps being the most notable. The GM recall led to a downgrade by Morgan Stanley as many see the recent recalls as a sign manufacturers have to upgrade and integrate the technology inside vehicles, according to Seeking Alpha.

Separately, Ford recently announced sales numbers for the month of March in China. The automaker sold more than 100,000 vehicles in the country in the month. Sales in China rose 57% in the first quarter for Ford, led by demand for the Explorer, Edge, and Focus.

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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."

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