13 Stocks Jim Cramer Talked About

11. GE Vernova Inc. (NYSE:GEV)

Number of Hedge Fund Holdings: 108

GE Vernova Inc. (NYSE:GEV) is an industrial machinery manufacturer that focuses on the needs of the power generation industry. Its shares are up by 118% over the past year and by 18% year-to-date. Baird was out with optimistic coverage about the firm in early February. It hiked GE Vernova Inc. (NYSE:GEV)’s share price target to $923 from $701 and bumped the rating to Outperform from Neutral. A key factor behind Baird’s optimism was the energy infrastructure cycle, as analysts pointed out that fears of overcapacity in the sector were unlikely to manifest in the short term. Guggenheim boosted GE Vernova Inc. (NYSE:GEV)’s rating to Buy from Neutral and set a $910 share price target in January. It outlined that the firm could exceed market expectations for cash generation and capital expansion. Cramer has been one of GE Vernova Inc. (NYSE:GEV)’s biggest proponents over the past year. He has frequently discussed the stock in relation to speculative nuclear plays and pointed out that the firm is the only one capable of delivering nuclear power plants on an aggressive timeline. In this appearance, he linked GE Vernova Inc. (NYSE:GEV) with the results of electrical equipment provider Vertiv and tweeted on the 11th:

“Those Vertiv orders were incredible..Great for Club Names Corning, Eaton, GEV. Still buyable!!”