Automakers are reporting sales results today, and Ford (F) is Jim Cramer’s top pick in the auto sector. ‘Ford is too cheap and must be bought,’ said Cramer, who’s portfolio manager of Action Alerts PLUS. Cramer said he thinks CEO Mark Fields is putting together a good year, and he likes the stock’s special dividend. A viewer had asked Cramer about General Motors (GM), and he responded that GM did not have a good month. Another viewer asked whether to buy Bank of America (BAC), and Cramer said while its book value is above where the stock is trading, CEO Brian Moynihan needs to provide more clarity about the company’s potential exposure to the energy industry. Action Alerts PLUS holds Bank of America shares. Cramer also commented on several other stocks including Duke Energy (DUK), Chesapeake (CHK), Horizon Pharma (HZNP), Signet Jewelers (SIG), Shake Shack (SHAK), Starbucks (SBUX), Smith and Wesson (SWHC), TASER (TASR), Veeva (VEEV), Bristol Myers (BMS), and Simon Property (SPG). Send your questions to Cramer on Facebook or on Twitter, use hashtag CramerQ.
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