Jim Cramer Discussed 9 Stocks for This Week’s Game Plan

7. GE Aerospace (NYSE:GE)

Number of Hedge Fund Holders: 95

GE Aerospace (NYSE:GE) specializes in designing and manufacturing engines for both commercial and military aircraft, as well as providing integrated engine components, electric power systems, and mechanical systems for aviation. During the episode of Mad Money, Cramer remarked:

“Thursday, we have another GE coming in, GE Aerospace this time, and I gotta tell you something, I think we have a winner, but it’s not as clean as I’d like because last time there were… supply chain issues causing an 8% hit to the stock. Now if they get it right this time, I think that you’ll recoup that loss in the same day.”

In 2024, following GE Aerospace’s (NYSE:GE) report of $1.15 per share in earnings and $8.9 billion in revenue for the third quarter, Cramer explained that there were signs of weakness in certain orders and persistent supply chain challenges in aircraft engine production. He mentioned that while this wouldn’t have been a major concern, the stock had already risen significantly for 2024, prompting investors to sell first and seek clarification later. Cramer said:

“They don’t think, hey, wait a second, GE has years of demand ahead and aerospace is a great secular growth market. No, that takes wisdom, genuine wisdom. And who the heck has time for wisdom when you can just ring the register? And that’s how a fantastic stock like GE Aerospace closes down 9% and no more than that.”