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Jim Cramer on GE Aerospace: “Buy, GE Is Larry Culp”
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The above button links to Coinbase. Yahoo Finance is not a broker-dealer or investment adviser and does not offer securities or cryptocurrencies for sale or facilitate trading. Coinbase pays us for certain activity generated through this link. Prices displayed are informational. GE Aerospace (NYSE:GE) was among Jim Cramer’s Mad Money stock calls as he urged investors to exercise caution when it comes to red-hot AI stocks. Mentioning that they like the company, a caller asked if it is a good time to buy the stock. Cramer replied: Buy. GE is Larry Culp. I’ve been watching the stock go down, and I’m like, alright, come on, come on. And by the way, I’m going to throw in Boeing… down 11. Why? Because it was up in anticipation of a big order. I mean, you know what? I mean, look, stocks don’t go up and up and up, not real ones at least. And Boeing’s good, and GE’s good. Photo by Adam Nowakowski on Unsplash 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. A caller asked for Cramer’s thoughts on the stock during the April 29 episode, and he responded: I think you should buy it right here. Enough is enough. It’s been going down because people are worried about air travel. I think this is a maintenance stock now. There’s not as much travel, so there’s not as much maintenance as needed off the planes. That’s when you buy GE Aerospace, because otherwise it doesn’t come down. This is a good moment to buy GE. Actually, it was a really good quarter, by the way. 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 best short-term AI stock. READ NEXT: 33 Stocks That Should Double in 3 Years and 15 Stocks That Will Make You Rich in 10 Years Disclosure: None. Follow Insider Monkey on Google News.
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