It's time to buy shares of General Electric (GE) , according to TheStreet's founder and Action Alerts PLUS Portfolio Manager Jim Cramer.

"[CEO] John Flannery is indeed streamlining the company," Cramer said, adding that news articles suggest GE is taking share from United Technologies (UTX) in the engine space.  

Want exclusive investing insight from Jim Cramer? Get 24/7 access to Jim's charitable trust portfolio with a free trial to Action Alerts PLUS!

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