Ford had another month of strong sales, but a wider appeal on Wall Street for the stock depends on cutting the automaker's massive EV division losses.
In the first quarter, Ford lost more than $100,000 per EV sold.
He also lamented the underperformance of Ford stock relative to rival General Motors — ever since GM announced a buyback in November.
However, Jim thinks Ford stock has come down enough.
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Persons:
Ford, EVs, Jim Cramer, General Motors —, Jim, Jim Cramer's, Danielle DeVries
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EV, Bloomberg, Ford, General, GM, Club, CNBC, New York