Jim Cramer Absolutely Nailed These 11 Stock Predictions

8. GE Vernova Inc. (NYSE:GEV)

Number of Hedge Fund Holders: 111

A caller asked Cramer about GE Vernova Inc. (NYSE:GEV), and he responded with a nuanced take, pointing to the company’s real value in natural gas distribution despite common assumptions about renewables. Here’s what he said back then:

“This is an interesting thought ’cause right now it’s really a play on Natural Gas distribution. I know it’s got you know people want to be about wind and it’s got nuclear, but it’s natural gas and believe it or not, natural gas is very strong. So I think the stock is a buy. But it may not be the environmental play that people think it is.”

Cramer nailed it with that prediction, with the stock surging 141.25% since then.

GE Vernova Inc. (NYSE:GEV) is a GE spin-off focused on energy solutions, including natural gas, wind, and nuclear power technologies. Here’s what Cramer said about the stock in late April:

“I have . .GE Vernova and I’ve got Vertiv on tonight. . the CEOs. And I just want to say that there’s been a lot of what I regard as misinformation about the data centers slowing. And both, when you read the Vertiv notes, like forget it, the business is on fire. When you speak to Scott, Scott Strazik who’s the CEO of GE Vernova, he would tell you that the hyperscalers like to play. Like they put some here, they wanna put there, and they talk about doing this, talk about that. But in the end the orders are up and that anyone who thinks that the hyperscalers are scaling back, frankly, is just, not telling the truth.”

“What Scott is saying for GE Vernova is that’s the game they’re playing. They’re just trying to build it here, they’re trying to build it there. They’re not gonna let each other know. It’s just a little bit more secretive but I’m the keeper of the order book and the order book is [inaudible]. So those who are trying to get those down . . .they gotta rethink their game. They gotta rethink. It’s all I’m saying.”