Publish date:

Jim Cramer: Wabtec Deal Gives General Electric Optionality

TheStreet's founder and Action Alerts PLUS Portfolio Manager Jim Cramer thinks General Electric's merger of its transportation business with Wabtec for $11.1 billion gives "optionality."
Author:

TheStreet's founder and Action Alerts PLUS Portfolio Manager Jim Cramer thinks General Electric's (GE) - Get General Electric Company (GE) Report merger of its transportation business with Wabtec (WAB) - Get Westinghouse Air Brake Technologies Corporation (WAB) Report for $11.1 billion gives GE "optionality."

Webcast 5/22: How to Stomach Market Volatility
Learn how to navigate market volatility and why a wealth manager is needed now more than ever. Sign up at https://buff.ly/2L287Zz

TheStreet Recommends