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.

At the time of publication, Cramer was long ___.

More from Video

Abercrombie & Fitch CEO Reveals to TheStreet How She Is Turning Company Around

Abercrombie & Fitch CEO Reveals to TheStreet How She Is Turning Company Around

The Chart Professor: Worried About United Technologies Right Here

The Chart Professor: Worried About United Technologies Right Here

Veteran Foreign Affairs Expert Ian Bremmer Reveals How to Price Political Risk

Veteran Foreign Affairs Expert Ian Bremmer Reveals How to Price Political Risk

Investors Shouldn't Be Worried About Trump's Trade Tariffs: Ian Bremmer

Investors Shouldn't Be Worried About Trump's Trade Tariffs: Ian Bremmer

Jim Cramer: I've Liked Six Flags Entertainment Stock as an Income Producer

Jim Cramer: I've Liked Six Flags Entertainment Stock as an Income Producer