Cramer: JP Morgan's GE downgrade is a 'working document' Culp can use to fix the company

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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."

 

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