Jim Cramer on GE Aerospace: "I Think That It's Just a Long-Term Buy"
Well, there you got Larry Culp working for you. I think that it’s just a long-term buy. There are going to be moments when it goes up and moments when it dips. And this is one of those stocks, I say [buy, buy, buy] any dip that is… sizable at all.
GE Aerospace (NYSE:GE) manufactures commercial and defense aircraft engines, power systems, and related components. In addition, the company provides maintenance, repair, and overhaul services along with spare parts for aviation and military applications. Cramer called it “best of the best” during the episode aired on January 22. The Mad Money host commented:
How about GE Aerospace? It’s the best of the best. Self-improvement here is extraordinary. CEO Larry Culp is one of a kind, the savior of the old GE, the architect of the most successful breakup of all time. Two years ago, the stock was at 62, came in hot, 318 today. Just a monster. So what happens?… GE Aerospace, nothing but net, just fantastic, every line, including ones that have been a tad disappointing previously. Gross margin improvement, remarkable. GE stock opens down a tad, then rallies to 310 before wilting and finishing down more than 7%, 295, nothing wrong. But an A student who gets more As… that doesn’t get any praise, and in fact, gets criticized.
While we acknowledge the potential of GE as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the
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