Jim Cramer Notes GE Vernova (GEV) Knows “How to Build Nuclear Plants”

We recently published a list of Jim Cramer’s Thoughts on These 12 Stocks. In this article, we are going to take a look at where GE Vernova (NYSE:GEV) stands against other stocks that Jim Cramer discusses.

During the episode, Cramer showed optimism around GE Vernova Inc.’s (NYSE:GEV) capability around building nuclear plants, as he said:

“I know that the prevailing money management orthodoxy is to go all in on index funds because the experts don’t believe you’re smart enough to handle your own money. But the truth is that in this case, you can… split the baby’s account.

You want to put $500 in the Nasdaq 100 to get diversified exposure, and this one does skew toward tech, I don’t mind that, and then you want to pick five stocks for the other 500. I prefer the first one to be risky… Yeah, something nuclear. Let’s go [for] at least a legitimate one like GE Vernova because they actually know how to build nuclear plants. Basically, this first position is the highest risk, speculative stock, even meme stocks.”

Photo by mitchel-willem-jacob-anneveldt on Unsplash

GE Vernova (NYSE:GEV) provides technologies that support the generation, movement, conversion, and storage of electricity, with a focus on gas, nuclear, wind, and digital electrification solutions. The company’s offerings aim to modernize energy systems and enable a more sustainable power infrastructure.

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