Jim Cramer’s 5 Stock Calls Including Cerebras and Cisco, and Caution About Overhyped AI Stocks

3. GE Aerospace (NYSE:GE)

GE Aerospace (NYSE:GE) was among Jim Cramer’s Mad Money stock calls as he urged investors to exercise caution when it comes to red-hot AI stocks. Mentioning that they like the company, a caller asked if it is a good time to buy the stock. Cramer replied:

Buy. GE is Larry Culp. I’ve been watching the stock go down, and I’m like, alright, come on, come on. And by the way, I’m going to throw in Boeing… down 11. Why? Because it was up in anticipation of a big order. I mean, you know what? I mean, look, stocks don’t go up and up and up, not real ones at least. And Boeing’s good, and GE’s good.

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. A caller asked for Cramer’s thoughts on the stock during the April 29 episode, and he responded:

I think you should buy it right here. Enough is enough. It’s been going down because people are worried about air travel. I think this is a maintenance stock now. There’s not as much travel, so there’s not as much maintenance as needed off the planes. That’s when you buy GE Aerospace, because otherwise it doesn’t come down. This is a good moment to buy GE. Actually, it was a really good quarter, by the way.