GE Aerospace (GE) Is Experiencing Unbelievable Demand, Says Jim Cramer

We recently published 10 Stocks Jim Cramer Discussed As He Shared Key Insights From Morgan Stanley’s CEO. GE Aerospace (NYSE:GE) is one of the stocks Jim Cramer recently discussed.

GE Aerospace (NYSE:GE) is one of the largest aircraft engine companies in the world. It’s also one of Cramer’s top stocks in the current tariff-driven stock market as he believes that the US can leverage the firm’s products to secure favorable trade deals. His latest comments about GE Aerospace (NYSE:GE) revolved around the firm’s latest earnings report and were optimistic despite the stock closing the day 2.2% lower:

“Yeah, we’ve had two quarters now that are really kind of are shockingly great. This GE number today, we spoke to Larry Culp, the CEO, he’s not even done. There’s much more. And yet, Phil and I, Phil LeBow’s the best in the business, are going back and forth about how amazing and we can’t believe how amazing it is.

“I asked about artificial intelligence in GE and yeah sure there’s some and Larry’s going to tell you there’s some, there’s artificial intelligence in J&J and there’s some.

“One of the things that Larry said, very carefully, to fill the interview, was that look the President understands planes. And when I spoke to Larry, just look, Jim you have to understand it’s a different world.

“You know you’re talking to Larry, I don’t know it’s like 5:50 am, and I say look, I had all my questions, and they’re all worthless. Because I’m looking at a quarter that is so insane. And I said, I know this flight deck I thought that was all for show. It’s probably really working. And so the only question I have is can you really find the people to do all the things that you need and will you have to use robots? And he says no, there’ll be a lot of artificial intelligence. . .the backlogs we’re talking about.

A technician in a power station monitoring the flow of energy generated by a gas turbine.

“[On GE setting the target of $8.40 EPS for 2028]Well he does have free cash flow anlaysis, you’re not supposed to be able to give a 2028, I mean I told him this, why are you risking it? Why are you bothering to put out a 28?. . He says, because I have a business, Jim. And I say but that’s so optimistic, he goes because we are optimistic. That’s the kind of train of thought that I’m try to get my arm around. I am so used to everyone saying that well I’m circumspect, there’s uncertainty, no. He’s not circumspect, and there isn’t any uncertainty. Because the demand is so unbelievable.

“Culp is telling people, look, that China needs us. Now the only other people that kind of feel that way are the people who work at NVIDIA. China needs us. We are discovering things that China needs from us. And they need GE. And they need service.”

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None. This article is originally published at Insider Monkey.