Cramer Discusses Strong Earnings from GE HealthCare and GE Vernova
What happened
On October 28, 2026, Jim Cramer discussed the third-quarter earnings reports of GE HealthCare and GE Vernova on CNBC. Cramer used the results to argue against diversifying investments into companies that are performing poorly. He specifically noted that GE Vernova gas turbine orders increased from 7.4 gigawatts in the third quarter of 2025 to 16.6 gigawatts in the third quarter of 2026.
From 247wallst.com
Why it matters
The earnings reports showed that GE Vernova revenue rose 26.4% to $12.60 billion, and orders reached $29.30 billion, marking a 96% organic increase. Management expects the company's backlog to exceed $200 billion in the fourth quarter, reflecting strong demand in the industrial sector.
From 247wallst.com
Who's involved
- Jim CramerTelevision personality who provided commentary on the earnings reports
- GE HealthcareCompany whose third-quarter results were discussed by Jim Cramer
- GE AerospaceCompany related to the industrial sector whose spin-off (GE Vernova) reported strong earnings
- CNBCTelevision channel where Jim Cramer delivered his financial commentary
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- GE AerospaceSpeculative
Competitors in the industrial engine market could see increased pressure on their sales and market share.
Possible ripples
Who this could reach next, traced step by step from the reporting. Possibilities worth considering, not forecasts.- CFM International may benefit from GE Aerospace's strong earningsCFM International may benefit from GE Aerospace's strong engine order growthLikely
- GE Healthcare's success may boost Nvidia's demand for computingNvidia may see increased demand from GE Healthcare's medical technology growthPossible
- Strong earnings from GE spin-offs could influence General Electric's valuationStrong earnings reports from GE's spin-offs may boost investor sentiment for General Electric.Possible
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The entities involved
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Jim Cramer
American stockbroker, television personality, author
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GE Aerospace
American aircraft engine supplier
- Cambridge City Council mandated divestment from GE Aerospace and Boeing after a vote targeting companies linked to Israel's actions.
- GE Aerospace, Beta Technologies, and Boeing are collaborating on a joint project involving high-altitude hybrid-electric flight testing and institutional share holdings.
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GE Healthcare
company
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