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Actionable news in GE: GENERAL ELECTRIC COMPANY,

Jim Cramer Is Upbeat on General Electric, Seagate, Eli Lilly

(TheStreet) -- "Jeff Immelt is back," said Jim Cramer on Friday, in explanation of why he thinks investors should own General Electric (GE - Get Report) stock now.

Fielding questions from fans on social media, Cramer noted that GE's industrial business showed strength in its earnings report, and in his view, its performance is just going to get better.

Another viewer asked about Seagate Technology (STX - Get Report) . Cramer said he knew everyone was going to hate the stock Friday morning, but he recommended taking a chance on it. Seagate is now yielding almost 6% and the company has "giant cash flows."

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