Jim Cramer and Analysts Like These 10 Stocks

2. GE Vernova Inc. (NYSE:GEV)

Average Price Target Upside: 40.97%

Number of Hedge Fund Holders: 111

Cramer was bullish on GE Vernova Inc.’s (NYSE:GEV) CEO in January when he said:

“I don’t know how far Larry [Culp] can see around the corner but now GE Vernova is a beloved company, the hottest one with momentum traders can’t get enough of it precisely because it makes the turbines and windmills, … that you need to power all those new data centers. He appointed Scott Strazik to run what became GE Vernova. The stock started trading independently at $141 about 10 months ago. Now it’s at $383. Oh and don’t forget, it’s also gonna be the company that builds small modular nuclear plants that everybody loves so much.”

GE Vernova (NYSE:GEV) is an energy company that offers products and services for the generation, transmission, and storage of electricity worldwide. Cramer is not the only one bullish on the stock as on March 5, Guggenheim raised its rating on GEV stock to Buy from Neutral, setting a price target of $380.

Despite a decline in the stock since mid-January, the analyst expressed increased confidence in GE Vernova’s (NYSE:GEV) projections following recent remarks from the firm. The analyst noted that upcoming pricing actions are expected to impact the model later in the decade, and the company’s backlog continues to grow. Additionally, progress in its power business remains strong, according to the analyst.