We recently published 10 Stocks on Jim Cramer’s Radar. GE Vernova Inc. is one of the stocks on Jim Cramer’s radar.
GE Vernova Inc. is an industrial machinery firm. Its shares have gained 95% year-to-date, with a recent 16% jump coming on December 10th. On that day, the stock rose after the firm boosted its revenue forecast for 2026. GE Vernova Inc. expects to post 16% to 18% organic revenue growth and 20% electrification revenue growth in 2026. The firm also forecast 2026 revenue to sit between $41 billion and $42 billion, which is significantly higher than the 2025 revenue forecast of $36 billion to $37 billion. After the investor update, Baird raised GE Vernova Inc.’s share price target to $816 from $706 and kept an Outperform rating on the shares. The upgrade from Baird came after Wells Fargo had increased the share price target to $831 from $717 and kept an Outperform rating. The bank pointed out that it had upgraded its revenue, operating income, and other forecasts for GE Vernova Inc. after the company’s latest update. Cramer has repeatedly praised the firm in 2025 as he continues to believe it is the only one capable of delivering nuclear power plants. In this appearance, he discussed GE Vernova Inc.’s natural gas business:
High-voltage power lines. Electricity distribution station. high voltage electric transmission tower. Distribution electric substation with power lines and transformers.
“What you really have to worry about is GE Vernova and whether most of these are going to be built on gas. And natural gas turbines. And I keep pointing this out, over and over again, you can’t get them, you can’t get them.
“Yeah wind’s gone. Fortunately, I think that GEV, they realized that the future of wind was nill.”
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This article is originally published at Insider Monkey.
