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Jim Cramer Says Wait to Trade General Electric

August 28, 2023
in Trade Tube
Reading Time: 1 min read
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TheStreet’s Action Alerts PLUS Co-Portfolio Manager Jim Cramer did not expect General Electric to have a “blowout quarter” and says it wasn’t supposed to be. Cramer urges investors to take more than 48 hours to trade shares of GE because he believes the stock will be up “a lot” by the end of the year. Cramer says General Electric is transitioning away from being a financial company and toward an industrial company. General Electric’s industrial lines’ businesses from the earnings report were good.

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