GE's Larry Culp can turn J.P. Morgan's recent downgrade of GE shares into a positive, using the firm's note as a sort of road map to fix the struggling conglomerate, CNBC's Jim Cramer says.
General Electric Chairman and CEO Larry Culp can turn J.P. Morgan's recent downgrade of GE shares into a positive, using the firm's note as a sort of road map to fix the struggling conglomerate, CNBC's Jim Cramer said Monday.
Instead of seeing it as a negative, Culp could read the downgrade note as a"working document," Cramer said on"Squawk on the Street.""If you worked at GE, and you presented this, [Culp] would say, 'Let's study this. Let's see what we can correct if we're off.' Because that's who Larry Culp is."
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Stocks making the biggest moves premarket: Boeing, Wells Fargo, Morgan Stanley, GE & moreSome of the names on the move ahead of the open.
Read more »
Cramer: The top Q1 performers indicate the market can run higherJim Cramer explains why the stocks of Exxon, Apple, United Technologies, and other names give insight into what's next for Wall Street.
Read more »
Cramer: Nasdaq, Goldman Sachs, and Amazon are de-risked IPO playsJim Cramer breaks down how investors can make money from the IPO boom without investing directly in them.
Read more »
Cramer Remix: Fentanyl could derail a US-China trade dealJim Cramer says China must follow through on its fentanyl-related promise or risk President Trump suspending talks.
Read more »
Cramer: My sources at Amazon indicate to me they'll do whatever it takes to undercut Walmart'Amazon will stop at nothing to take away the share that Walmart has gained,' CNBC's Jim Cramer says.
Read more »
Cramer: Investor apathy for Lyft is a big positive for this bull marketJim Cramer says Lyft's 'ice cold' entrance to the Nasdaq turns out to be 'great news for the rest of the market because we don't want a flood of hot IPOs.'
Read more »
Cramer: Charts show why Tesla's stock could be set to reboundJim Cramer takes a look at the charts as interpreted by Bob Moreno, an analyst who called the market's December bottom, to see how Tesla could reverse its trend.
Read more »
Cramer Remix: Don't sweat it—athleisure is still strongJim Cramer breaks down the performance of the athleisure space.
Read more »
Cramer: Buy these stocks when investors are worried about rising labor, oil costs'The more downbeat stories we see about the market, the more likely it will be that we'll have a decent earnings season,' Jim Cramer says.
Read more »
Cramer: Altria's non-tobacco moves makes it a compelling stock to buyJim Cramer says if he had to pick a tobacco stock, he'd buy Altria as the company takes aggressive moves to offset the secular decline in smoking.
Read more »