Ford Motor's (F) stock may offer clues into Wall Street's current attitude toward potential strikes by the United Auto Workers union, CNBC's Jim Cramer said.
"I want to watch Ford as a barometer," Cramer said on "Squawk on the Street." "Maybe there are people who really do think it's going to be Stellantis they go after," Cramer said, alluding to the idea that the UAW may choose to strike against just one automaker, instead of all three, which would be more costly.
CNBC reported Tuesday nightIf you like this story, sign up for Jim Cramer's Top 10 Morning Thoughts on the MarketCramer's Charitable Trust, the portfolio used by the CNBC Investing Club, owns shares of Ford. Cramer has been concerned about labor-talk overhangs on Ford's stock for weeks, but he'sIn an interview earlier Wednesday on CNBC, UAW President Shawn Fain was asked whether Ford, which employs the most UAW members of the Detroit Three, was the least likely to be struck.
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