Ford (F)’s Latest Announcement Was “Very Positive,” Says Jim Cramer

Core Insights - Ford Motor Company (NYSE:F) is experiencing a significant year-to-date share price increase of 37.9% [2] - The company announced a $19.5 billion write-down, which includes an $8.5 billion write-down specifically for its electric vehicle (EV) business [2] - In response to new policies reducing federal support for electric vehicles, Ford will replace the full-electric model of the F-150 with a model that utilizes an internal combustion engine to power the battery [2] - Ford has raised its operating profit guidance to $7 billion, up from a previous range of $6 to $6.5 billion [2] Analyst Ratings and Market Sentiment - Morgan Stanley has set an Equalweight rating for Ford with a share price target of $14 [3] - The firm anticipates that 2026 may present challenges for electric vehicles, while the hybrid segment may see some positive developments [3] - Jim Cramer has expressed positive sentiments regarding Ford's hybrid business and views the recent announcement as a strong signal to buy the stock [3]