GE Vernova Inc. (NYSE:GEV) was one of the stocks on Jim Cramer’s radar as he highlighted AI winners to buy for 2026. Cramer highlighted that the company performed much better after the spin-off, as he commented:
You have GE Vernova, which spent years under GE as a struggling builder of turbines, suddenly on its own, and what is it doing? It’s printing money. It’s how you have a natural gas company like EQT roaring because you need that nat-gas to burn.
Stock market data. Photo by Photo by Alesia Kozik
GE Vernova Inc. (NYSE:GEV) provides products and services for generating, converting, storing, and managing electricity, including gas, nuclear, hydro, and wind technologies. Cramer called it the “only serious nuclear energy builder” during the April 22 episode, as he stated:
We had a one for the ages quarter from GE Vernova… Here’s some irony… GE Vernova’s market cap just passed namesake GE itself, the aerospace company, $303 billion versus $289 billion. That’s nothing short of unbelievable. How did GE Vernova get to such exalted heights? How about being the venerable, unique player providing power to the data centers and the utilities that are all struggling to meet demand from the data centers? With these results, GE Vernova said the company already had more data center orders in the first quarter than it had in the entirety of 2025. And it’s got a backlog so full that it’s almost impossible to get a new turbine… for the next two years. Given the sequential cost savings they seem to find each quarter, I’m confident that you’ll see much better and better margins ahead.
When you see that GE Vernova has 100 gigawatts worth of gas power business…. You know what? That’s enough to power a hundred million homes. Then you can understand why I told viewers of our… Investing Club… that this quarter was one for the ages. We rate stocks by the number for the Club, with one meaning buy, two meaning hold, three meaning sell. We usually downgrade stocks… after this kind of serious move… But I said this morning that we can’t take it from one to a two. It’s just too… good…
By the way, GE Vernova is the only serious nuclear energy builder, and it’s putting up the first new plant in ages in Ontario. So far, so good. It’s also going to start building nuclear reactors for the Tennessee Valley Authority… Remember, the rest of them that you’re trying to buy, they tend to be science projects. Now, GE Vernova has wind too, which used to be the fastest growing business, but now is a drag on the earnings. It can’t interfere with the greatness here, though, and that’s what you should be thinking about. How long can this last? I think it’s just beginning.
While we acknowledge the risk and potential of GEV as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than GEV and that has 10,000% upside potential, check out our report about this cheapest AI stock.
READ NEXT: 33 Stocks That Should Double in 3 Years and 15 Stocks That Will Make You Rich in 10 Years
Disclosure: None. Follow Insider Monkey on Google News.
Hedge Fund Resource Center