Jim Cramer says GE Aerospace’s post-earnings slide is a chance to buy after shares drop more than 4%
GE Aerospace shares fell over 4% despite a Q2 beat and higher full-year guidance, leaving the stock roughly 9% off its early-July high. The market appears focused on order growth slowing to 17% from an unusually strong prior quarter, even as backlog rose above $210B (over four years of revenue). Commentary frames the move as a potential mispricing driven by short-term order volatility and cautious guidance.
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GE Aerospace fell more than 4% in a single session after reporting better-than-expected second-quarter results and raising its full-year outlook. The stock is now down almost 9% from its record close on July 6. Orders rose 17% year over year, cooling from 87% growth in the first quarter, while the company’s backlog stands at more than $210 billion—more than four years of revenue at the current pace. GE Aerospace is the only remaining industrial company after General Electric spun off GE Vernova in April 2024, following the earlier separation of GE Healthcare.