Jim Cramer Highlights GE Aerospace's Market Performance

GE Aerospace (NYSE:GE) is one of the stocks Jim Cramer picked for his fantasy stock portfolio. Cramer mentioned the stock during the episode and said:

“You want steady production from your [running] backs, including lots of touchdowns, no matter what defense you’re playing or what the weather’s like. But I’ve said before, this position is inherently kind of boom and bust… But the running back position has also changed in recent years as pass-catching running backs are now the top options for fantasy teams. That’s sort of like what we’re looking for in our stock picks, for pass-catching ability, like a secular growth theme for a secular company… Well, last year I included GE Aerospace, and that turned out to be a great pick. Thank you, Larry Culp, up 70%. The commercial aerospace boom remains one of the market’s fantastic secular growth stories. So we’re going to stick with [it], but what’s the NFL equivalent of GE Aerospace?… The league’s best running back is Philadelphia Eagles’ own Saquon Barkley.”

GE Aerospace (NYSE:GE) designs and manufactures commercial and defense aircraft engines along with integrated components, avionics, and power systems.

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Disclosure: None. This article is originally published at Insider Monkey.