A lot of that credit belongs to Ford Pro, which increasingly looks undervalued by the market for its profit potential.
The ongoing capital discipline, leverage to hybrids, profitability of Pro, and potential turnaround in quality control keep us invested in Ford.
Revenues over the full year increased 19% and EBIT more than doubled to $7.2 billion, reflecting a margin of 12.4%.
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Ford CEO Jim Farley speaks at the launch of the all-new electric Ford F-150 Lightning pickup truck at the Ford Rouge Electric Vehicle Center on April 26, 2022 in Dearborn, Michigan.
Persons:
Ford, we've, Jim Farley, Jim Cramer's, Jim Cramer, Jim, Bill Pugliano
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Ford Motor, Management, Automotive, LSEG, Ford, UAW, Ford Pro, Blue, Ford Model, Revenues, Bloomberg, CNBC, Ford Rouge Electric Vehicle Center, Getty
Locations:
EVs, Blue U.S, Dearborn , Michigan, U.S