Jim Cramer on GE Aerospace Upcoming Earnings: “It Might Be a Tad Disappointing”

GE Aerospace (NYSE:GE) was one of the stocks on Jim Cramer’s recent Mad Money game plan. Noting the impact of the war on the company, Cramer said:

GE Aerospace reports. It might be a tad disappointing because it makes a lot of revenue from airplane maintenance, and there’s been some serious downtime during the war, of course.

A technical stock market chart. Photo by Energepic from 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 company when a caller inquired about it during the episode aired on April 6, as he commented:

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.

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