General Electric CEO Flannery Is Already Starting to Right the Ship, Jim Cramer Says

Amid a Reuters report of cost cuts at General Electric (GE) - Get Report , TheStreet's founder and Action Alerts PLUS Portfolio Manager Jim Cramer said new CEO John Flannery is already starting to right the ship.

"Jeff Immelt ran a ship that was sloppy," Cramer said. "That is my own judgement."

GE is a holding of Action Alerts PLUS.

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