Jim Cramer Talks About Elon Musk & Discusses These 11 Stocks

7. GE Aerospace (NYSE:GE)

Number of Hedge Fund Holders In Q4 2024: 101

GE Aerospace (NYSE:GE) is an American aircraft engine and associated systems manufacturer. The firm has thrived in the wake of Boeing’s production troubles which has increased the demand for aircraft refurbishment. GE Aerospace (NYSE:GE) is also a top Jim Cramer stock as he’s a fan of the firm’s CEO. The CNBC host praised GE Aerospace (NYSE:GE)’s earnings results in his previous comments. Here are his latest remarks:

“What is GE doing? Well, they said I think we’re doing well and tariffs could be a headwind.”

“But the one thing is clear, aerospace we have surplus in, that that is one of the industries we own in this world. And therefore you look at GE, GE did really well and there’s not going to be a lot of tariff problems, they really won’t, for a big company. And I think that Larry Culp has figured this out. This is one you want to own. I think that they’re business is extraordinary, the supply chain problems are almost all solved. Larry is ready for this moment. And I do think that the way to solve your budget, if you have a budget surplus with us, you call Larry and you say listen, I want you to take care of all our planes, and I want to order a lot of engines. And then you just store them. I mean, you gotta get on the President’s good side. You have to just say, you know what, Mr. President, I have seen the Sword of Damocles and I don’t want it buried in my head.”

“If you came in today, you were long GE, you were saying, what’s the big deal, what’s the big deal?”