Jim Cramer Recently Talked About These 15 Stocks

3. GE Aerospace (NYSE:GE)

Number of Hedge Fund Holders: 101

Cramer highlighted GE Aerospace’s (NYSE:GE) focus on commercial aviation and minimal defense exposure. He also noted that the stock surged over 6%, or $10.83, after its earnings report. He added:

“Even though GE Aerospace posted a small revenue miss, they gave you a monster 22 cents earnings beat off a dollar 27 basis. Management said the total orders grew 12% in the quarter. That’s really good. Company reiterated its entire full-year forecast. Now, look, in normal environment, merely reiterating your outlook after such a big earnings beat would be, considered to be, let’s say, a big win but nothing that would make you go crazy about it but this time, it is huge. GE explicitly said that their outlook now includes the impact of the administration’s tariff policies, including less air travel. Wow.

Here’s how GE Aerospace Chairman, CEO Larry Culp put it, ‘The macroeconomic dynamics we are operating in today require us to take a number of strategic actions, such as controlling costs and leveraging available trade programs. Based on what we know today, these actions, along with our solid first quarter and commercial services backlog of over $140 billion, enabled us to maintain our full-year guidance.’ Basically, GE held serve. They delivered a solid beat for the first quarter and found a way to reiterate their outlook, which was good enough to send the stock much higher.”

GE Aerospace (NYSE:GE) focuses on building engines for commercial and military planes. The company also supplies integrated parts, electric power systems, and mechanical systems used in aviation.