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

The CEO of Wall Street Disruptor Symphony Reacts to Tuesday's Market Declines

The CEO of Wall Street Disruptor Symphony Reacts to Tuesday's Market Declines

60 Seconds: What is the Yield Curve and Why is it Screaming Recession?

60 Seconds: What is the Yield Curve and Why is it Screaming Recession?

Coke Has Figured Out How to Stay Relevant (Watch)

Coke Has Figured Out How to Stay Relevant (Watch)

Jim Cramer: If You're Afraid of the 10-Year Yield, Go to Cash

Jim Cramer: If You're Afraid of the 10-Year Yield, Go to Cash

Video: Jim Cramer on Rising Interest Rates, Trade Worries & Caterpillar

Video: Jim Cramer on Rising Interest Rates, Trade Worries & Caterpillar