Jim Cramer Discusses These 13 Stocks & Rejects The AI PC Super Cycle

7. GE Aerospace (NYSE:GE)

Number of Hedge Fund Holders In Q3 2024: 95

GE Aerospace (NYSE:GE) is a newly formed company that emerged as a spin-off from General Electric last year Since then, its shares have gained 44% and led to a growing interest among investors for spin-offs in similar industrial conglomerates. During this time period, GE Aerospace (NYSE:GE) has struggled from its jet engine supply chain problems but benefited from Boeing’s production woes which have stimulated demand for refurbished products. However, slow engine deliveries nevertheless led to GE Aerospace (NYSE:GE)’s stock tumbling by 9% in October after it shared that engine deliveries would drop by 10% in 2024. Here are Cramer’s latest remarks for the firm:

“I talked to Larry Colt today and I was so glad. Larry’s the CEO. There’s not a problem with supply chain. The orders are amazing. David just the repair, replace, the kind of grit work they do called service is extraordinary. It didn’t go up last time because people were worried about supply chain and that’s over. Tour de force, Larry Colt, tour de force.”

“[on 2025 expectations of double digit EPS and revenue growth and with greater than a hundred percent free cash flow] Isn’t that fantastic? It’s a battle between GE Aerospace and GE Vernova about whose doing better!”