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GE Vernova Inc. (GEV) Is The Only One With The Power, Says Jim Cramer

We recently published 10 Stocks On Jim Cramer’s Mind As He Gives Up On Becoming Fed Chair. GE Vernova Inc. (NYSE:GEV) is one of the stocks Jim Cramer recently discussed.

GE Vernova Inc. (NYSE:GEV) is a power generation products provider that has primarily been in the news recently due to its exposure to nuclear power and the resulting catalysts from the AI data center build out. The firm’s shares have gained 86% year-to-date and jumped by a strong 14.6% in July. GE Vernova Inc. (NYSE:GEV)’s shares gained after it raised annual forecasts during its second quarter earnings. Cramer’s been a long-time fan of the stock, and he shared why:

“Well I’m so glad you brought it up because I’ve got to tell you I spoke to Scott Strazik this morning from GE Vernova. Look, you may have trouble getting GPUs, from Jensen, try to get the power, from GE Vernova, which is the only one who really has any. I mean, David, the backlog. Look he’s talking every day to Amazon, he talks to, well actually to every hyperscaler, but ones that are top of mind is Microsoft. David, there’s just not enough power. There’s not enough power.

“I’ll tell you how desperate they are. You know what they’re doing? They’re using aerojet engines, tying them up with other ways to move power to be able to have some sort of stopgap power for people. . .Carl, it maybe, and I saw Ben Reitzes has a piece this morning with Mellius, and it’s bigger like the railroad moment, he’s saying. You can’t get power!”

Previously, the CNBC TV host commented on GE Vernova Inc. (NYSE:GEV)’s earnings report before it was released:

“No, I think at this point, we’re going to wait for GE Vernova to come in. We had a great club meeting on Friday, and I really just kind of hang my head in shame that I didn’t even buy more, but there’s nothing to do. This thing is such a horse. It’s just been a parabolic move, up 70%. We’re going to get a report… next week. Maybe what we say is, let’s hear what they have to say.”

While we acknowledge the risk and potential of GEV as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than GEV and that has 10,000% upside potential, check out our report about this cheapest AI stock.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

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

The $250 Trillion AI Hype is Real. A few years from now, you’ll probably wish you’d bought this stock.

When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.

Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.

At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.

Do the math. According to Musk, this technology could be worth $250 trillion by 2040.

Put another way, that’s roughly equal to:

  • 175 Teslas
  • 107 Amazons
  • 140 Metas
  • 84 Googles
  • 65 Microsofts
  • And 55 Nvidias

And here’s the wild part — this $250 trillion wave isn’t tied to one company, but to an entire ecosystem of AI innovators set to reshape the global economy.

It’s a leap so massive, it could reshape how businesses, governments, and consumers operate worldwide.

Even if that $250 trillion figure sounds ambitious, major firms like PwC and McKinsey still see AI unlocking multi-trillion-dollar potential.

How could anything be worth that much?

The answer lies in a breakthrough so powerful it’s redefining how humanity works, learns, and creates.

And this breakthrough has already set off a frenzy among hedge funds and Wall Street’s top investors.

What most investors don’t realize is that one under-owned company holds the key to this $250 trillion revolution.

In fact, Verge argues this company’s supercheap AI technology should concern rivals.

Before I reveal the details, let’s talk about how some of the richest people on the planet are positioning themselves.

  • Bill Gates sees artificial intelligence as the “biggest technological advance in my lifetime,” more transformative than the internet or personal computer, capable of improving healthcare, education, and addressing climate change.
  • Larry Ellison — through Oracle, is spending billions on Nvidia chips and partnering with Cohere to embed generative AI across Oracle’s cloud and apps.
  • Warren Buffett — not known for tech hype — says this breakthrough could have a ‘hugely beneficial social impact.

When billionaires from Silicon Valley to Wall Street line up behind the same idea — you know it’s worth paying attention to.

Even as we admire what Tesla, Nvidia, Alphabet, and Microsoft have built, we believe an even greater opportunity lies elsewhere…

But the real story isn’t Nvidia — it’s a much smaller company quietly improving the critical technology that makes this entire revolution possible.

And judging by what I’m hearing from both Silicon Valley insiders and Wall Street veterans…

This prediction might not be bold at all:

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