Jim Cramer on GE Aerospace: “I Think the Stock Is a Buy”

GE Aerospace (NYSE:GE) is among Jim Cramer’s stock calls as he discussed the impact of the bond market. A caller inquired about the outlook for the company, as they highlighted Boeing’s continued aircraft production, which would require engines to power them. Cramer remarked:

Well, I think GE Aerospace, remember, does make most of its business doing maintenance. So people were selling it thinking that maybe there’d be less air flight because of the problems with TSA, but also fuel and rising costs. I think they won’t. I think the stock is a buy. I do like Boeing more because Boeing’s a little more depressed. But GE is Larry Culp. I think you’ve got a good one.

Photo by Anna Nekrashevich on Pexels

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 was bullish on the stock when a caller asked about it during the February 26 episode. He commented:

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.

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.