Jim Cramer Notes “Unlike the Hyper Speculative Stocks, GE Vernova is the Nuke Builder”

GE Vernova Inc. (NYSE:GEV) is one of the stocks on Jim Cramer’s radar recently. Cramer highlighted the company’s recent rally and its onshore wind power upgrade agreement during the episode. He remarked:

“If you’ve been paying attention, you might have already owned some of the nuclear companies that actually do make you money. Consider the case of GE Vernova. It’s building small modular nuclear reactors to provide round-the-clock clean energy, and those reactors don’t need no federal government help. GE Vernova, what did it do today? It soared 7%. It was the second-best performer in the S&P 500 in part because it also announced its first onshore wind power upgrade agreement outside the US. … Unlike the hyper speculative stocks, GE Vernova is the nuke builder.”

Photo by Matthew Henry on Unsplash

GE Vernova Inc. (NYSE:GEV) delivers solutions for generating, transmitting, and storing electricity, including gas, nuclear, hydro, and wind power technologies. Additionally, the company provides grid, solar, and storage systems with software to manage and optimize energy use.

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