Jim Cramer Is Watching GE's Investor Meeting on Thursday

TheStreet's Jim Cramer is keeping an eye on GE's (GE) investor meeting Thursday to discuss the company's recent acquisition of Alstom's power & grid business.
Author:
Publish date:

TheStreet's Jim Cramer is keeping an eye on GE's (GE) investor meeting Thursday to discuss the company's recent acquisition of Alstom's power & grid business. The meeting is set for 8:30a.m. Eastern. Cramer says, 'this is a company that is for the digital industrial age and about climate change, about having the right portfolio for this moment, I think the stock can go up ahead of the analyst meeting.' Shares of GE are up nearly 20 percent year-to-date. Separately, TheStreet Quant Ratings rates General Electric a BUY. This is driven by multiple strengths, which we believe should have a greater impact than any weaknesses, and should give investors a better performance opportunity than most stocks we cover. The company's strengths can be seen in multiple areas, such as its expanding profit margins and solid stock price performance.