We recently published 14 Stocks on Jim Cramer’s Radar. GE Aerospace (NYSE:GE) is one of the stocks on Jim Cramer’s radar.
GE Aerospace (NYSE:GE) is one of the largest aerospace companies in the world. Its shares are up by 51% over the past year and down by 8% year-to-date. The firm has been at the center of attention by multiple analysts after it reported its fiscal fourth quarter earnings report. For instance, JPMorgan raised GE Aerospace (NYSE:GE)’s share price target to $335 from $325 and kept an Overweight rating on the shares. The banking giant remained confident about the aerospace company’s CFM56 high-bypass turbofan engine and its ability to deliver growth over the next couple of years. After the earnings, RBC Capital kept an Outperform rating and a $355 share price target for GE Aerospace (NYSE:GE). The shares had dipped by 7.4% following the earnings report, and the financial firm commented that the fall appeared to be a buying opportunity. Like RBC, Cramer also believes there’s more to GE Aerospace (NYSE:GE)’s shares than the recent drop:
“Jeez, I don’t know, I think the market’s wrong. The market is taking what GE Aerospace is saying and buying Boeing with it. I like every bit, by the way, labor, no longer a problem. They no longer have a materials problem, the defense department looks really good. They’ve got great after market business, I want to take the other side. I think the market’s wrong. It’s okay. Sometimes the market is wrong, the market is wrong, Larry Culp did a great job. I’m not backing on that, Culp did a great job.”
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Bristol Gate US Equity Strategy had discussed GE Aerospace (NYSE:GE) in its third quarter 2025 investor letter after the firm’s second quarter earnings report:
“GE Aerospace’s (NYSE:GE) performance was primarily helped by excellent results reported in July which saw key metrics like orders, revenue, operating profit and earnings per share all show more than 20% growth. Commercial Engines & Services segment saw a 29% surge in services revenue and a 45% increase in total commercial engine units, reflecting robust demand for spare parts and maintenance services. EPS and revenue both topped analysts’ consensus estimates. The company raised full-year guidance for 2025 and its long term financial outlook on the back of a significant backlog and improving supply chain trends which have previously hampered services and new engine deliveries.”
While we acknowledge the risk and potential of GE as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than GE and that has 10,000% upside potential, check out our report about this cheapest AI stock.
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Disclosure: None. This article is originally published at Insider Monkey.
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