12 Jim Cramer Stock Picks this Week

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5. GE Vernova Inc. (NYSE:GEV)

No. of Hedge Funds: 106

GE Vernova Inc. (NYSE:GEV) secures a rank among our list of 12 Jim Cramer stock picks this week. Pointing to a Bull market in electricity, Jim Cramer gives a green signal to the stock purchase, and subsequently, the company’s target price rises.

The second quarter earnings results reported on July 23, 2025, highlighted a revenue of $9.11 billion, an 11% increase compared to the same period last year. During the quarter, the company’s backlog also saw an increase of more than $5.2 billion sequentially. Later, on September 11, 2025, the company announced that TPG would acquire its Proficy manufacturing software business for $600 million. The proceeds are expected to be reinvested in its core grid software business.

Jefferies raised GE Vernova Inc. (NYSE:GEV)’s price target from $658 to $668, while maintaining a Hold rating on the stock, suggesting a higher potential value for the stock in the future. According to Jim Cramer, the growth of data centers maintains a Bull market for electricity, which favors GE Vernova Inc. (NYSE:GEV).

With 106 hedge funds invested in stock as per the Insider Monkey database, the company also benefits from strong institutional confidence.

GE Vernova Inc. (NYSE:GEV) is a global energy company headquartered in Massachusetts. It is a spin-off of General Electric’s energy businesses and was incorporated in 2024. The company aims to electrify and decarbonize the world by providing a wide range of power, wind, and electrification solutions.

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