GE Vernova Inc. (GEV) Is Speeding Up Its Nuclear Reactor Delivery Timeline, Says Jim Cramer

We recently published 13 Stocks That Jim Cramer Discussed. GE Vernova Inc. (NYSE:GEV) is one of the stocks Jim Cramer recently discussed.

GE Vernova Inc. (NYSE:GEV)’s shares have gained 87% year-to-date, over what media reports attribute to strong earnings performance and other catalysts. It is one of Cramer’s top stocks in the nuclear energy industry. Throughout the year, the CNBC TV host has used GE Vernova Inc. (NYSE:GEV) as an example of a good nuclear stock due to his belief that the firm is in the best position to deliver on nuclear plant construction. Cramer has tied the firm to the data center industry and the expected jump in power demand from AI data centers. More recently, GE Vernova Inc. (NYSE:GEV) has been in the news because of its wind turbine business. Wind power generation projects in America have been pushed to the back foot as the Trump administration sours on them. Here is what Cramer said about GE Vernova Inc. (NYSE:GEV):

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“Well I know that we are back to having GE Vernova going back, That they finally have to commit to building more turbines, that they have not done that yet because they’ve seen this movie before so to speak. But I think that it’s a very different movie. And I wouldn’t be surprised, wind is going to have to be a part of it.

“[After Faber commented that wind was dead] Well I think that it doesn’t matter. I think that it pays for itself. Well nuclear’s the answer, okay. . .well I just keep thinking that, Scott Strazik said, listen, it’s going to be 2033, now it’s 2030. They’re learning how to do this. They’re learning how to make small nuclear reactors.”

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