Jim Cramer on GE Aerospace (GE): “It’s One of My Faves”

We recently published a list of Jim Cramer Recently Looked at These 18 Stocks. In this article, we are going to take a look at where GE Aerospace (NYSE:GE) stands against other stocks that Jim Cramer discusses.

While discussing GE Aerospace (NYSE:GE), Cramer commended the company’s operations as he said:

“There’s no real theme to the other stocks on the list… Finally, there’s GE Aerospace. Now this company has some of the greatest cash flow I’ve ever seen. It makes aircraft[s], engines, and maintenance business is fantastic. Do you know the maintenance business, that may be the single best annuity stream I have ever seen. It’s one of my faves. But after this run, you can only buy at a discount.”

GE Aerospace (NYSE:GE) develops and manufactures aircraft engines, components, and systems for commercial and defense applications. The company also provides maintenance, repair, and overhaul services, along with advanced propulsion and avionics technologies. In April, Cramer made the following comments about the company:

“Let’s start with the best, GE Aerospace, because that’s the closest thing to a commercial aerospace pure play. It’s got the least defense exposure by far. Not coincidentally, it’s also the only one of these stocks that roared in response to earnings, jumping $10 and 83 cents. That’s more than 6%. Even though GE Aerospace posted a small revenue miss, they gave you a monster 22 cents earnings beat off a dollar 27 basis. Management said the total orders grew 12% in the quarter. That’s really good. Company reiterated its entire full-year forecast. Now, look, in normal environment, merely reiterating your outlook after such a big earnings beat would be, considered to be, let’s say, a big win but nothing that would make you go crazy about it but this time, it is huge. GE explicitly said that their outlook now includes the impact of the administration’s tariff policies, including less air travel.

Wow. Here’s how GE Aerospace Chairman, CEO Larry Culp put it, “The macroeconomic dynamics we are operating in today require us to take a number of strategic actions, such as controlling costs and leveraging available trade programs. Based on what we know today, these actions, along with our solid first quarter and commercial services backlog of over $140 billion, enabled us to maintain our full-year guidance.” Basically, GE held serve. They delivered a solid beat for the first quarter and found a way to reiterate their outlook, which was good enough to send the stock much higher.”

Overall, GE ranks 14th on our list of stocks that Jim Cramer discusses. While we acknowledge the potential of GE as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock.

READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.

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