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'I Think That Company Ultimately Is Going To Come Under Pressure' Says Cramer About This Industrial Stock

On CNBC’s "Mad Money Lightning Round," Jim Cramer said he likes Stellantis N.V. (NYSE: STLA) but recommended sticking with Ford Motor Company (NYSE: F). "All we need is Ford.

Benzinga · 09/14/2022 08:09

On CNBC’s "Mad Money Lightning Round," Jim Cramer said he likes Stellantis N.V. (NYSE:STLA) but recommended sticking with Ford Motor Company (NYSE:F). "All we need is Ford. Under $15, that’s terrific."

When asked about Matson, Inc. (NYSE:MATX), Cramer said, "I think that company ultimately is going to come under pressure. There is a lot of sense that maybe these shipping companies make a little too much money."

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Price Action: Shares of Ford fell 5.2% to close at $14.74 on Tuesday, while Stellantis dropped 3.7% to $13.41. Matson shares declined 4.5% to settle at 72.05 in the previous session.

Photo: Courtesy of Scott Beale on flickr