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."
Buying opportunity.
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