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