GE Vernova (GEV) Is A Big Stock Position In The Trust, Says Jim Cramer

We recently published 11 Stocks on Jim Cramer’s Radar. GE Vernova Inc. (NYSE:GEV) is one of the stocks Jim Cramer recently discussed.

Cramer often discusses industrial power generation equipment manufacturer GE Vernova Inc. (NYSE:GEV). He believes the firm is the best stock play when it comes to nuclear power plants. During this appearance, he mentioned the firm after his co-host mentioned a Morgan Stanley report outlining power shortfalls in the US by 2028. In its report, the bank’s analysts outlined that data centers could experience as much as a 20% shortfall in the US through 2028. Cramer discussed GE Vernova Inc. (NYSE:GEV) and the role that turbines play in the power ecosystem:

“Yeah it’s very hard when you have GE Vernonva, which is a big position for the trust, I want it to be much bigger. They make turbines. There’s not a lot of turbines being made. You need turbines to be able to convert. There are some states where there is still available power, the key here is going to be batteries. There’s going to be Elon Musk and whether we can store the stuff and use it at night.”

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Disclosure: None. This article is originally published at Insider Monkey.