Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. ET. Here's a recap of Friday's key moments. Both the S & P 500 index and the Nasdaq Composite fell Friday and were on pace for their sixth consecutive negative days. The Dow Jones Industrial was up slightly, but still likely to end the week in the red.
Morgan Stanley analysts said Friday that although shares of Ford Motor have rallied over the past six months, the stock remains one of the cheapest in the S & P 500 . The Wall Street giant analyzed the index and removed the financials sector to create a universe of 404 stocks. Out of these 404 companies, Ford ranks as the sixth lowest in terms of price to earnings ratio.
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