Jim Cramer told investors on April 29 that GE Aerospace stock was a buy, even as the shares had been sliding on worries about air travel. A caller asked him whether it was a good time to buy the ge stock, and Cramer did not hesitate.
“Buy. GE is Larry Culp,” he said, adding, “I think you should buy it right here.” He also said the pullback had come because people were worried about air travel, but argued that the moment now favored buyers. “This is a good moment to buy GE,” Cramer said, before calling GE Aerospace “a maintenance stock now.”
His confidence came with a sharper edge than a routine market endorsement. Cramer said, “Actually, it was a really good quarter, by the way,” a line that matters because it undercuts the simple idea that the stock’s decline reflected a weak business. GE Aerospace trades on the New York Stock Exchange under the ticker GE and makes commercial and defense aircraft engines, power systems, and related components. It also provides maintenance, repair and overhaul services, along with spare parts for aviation and military use.
The company’s role helps explain why Cramer framed it differently from a pure aircraft maker. In his telling, the maintenance side is what gives the business staying power even when investors worry about the health of the airline market. That is also why his comments landed on a day when Boeing was down 11 after running higher in anticipation of a big order. The contrast was clear: one aviation name was slipping on concern, while another was being described as a stock to own because the underlying business was still working.
The tension is that the market had already punished GE Aerospace, and Cramer was effectively asking viewers to step in while that caution was still fresh. He tied his case directly to leadership, saying, “GE is Larry Culp,” a nod to the chief executive who has been central to the company’s turnaround and investor story. For buyers trying to decide whether the recent drop was warning or opportunity, that was the point of the call.
For now, the message from Mad Money was plain: the weakness in GE stock was not, in Cramer’s view, a reason to stay away. It was the opening he wanted investors to see.
