Jim Cramer on GE Vernova: “Just Own It”

GE Vernova Inc. (NYSE:GEV) is one of the stocks Jim Cramer talked about. An Investing Club member asked if they should add, trim, or hold the stock, and Cramer remarked:

“No need to add, no need to trim, just own it. I can’t counsel add because it’s up a great deal. And then what happens if it goes down a hundred points? You won’t be able to add anymore. I can’t cancel or trim because it’s just one of the best in show companies. I even said on the call today, I said this stock was created for this moment, or at least it feels like that. This is a company that does, think about what it does. It’s got the biggest natural gas turbine business. It’s got one of the biggest wind onshore. They got… out of offshore, and it’s got nuclear. Those are the trifecta, and it’s got it and it’s run well by Scott Strazik.”

Jim Cramer on GE Vernova: "Just Own It"

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GE Vernova Inc. (NYSE:GEV) provides products and services for power generation, wind energy, and electrification technologies. The company’s portfolio includes gas, nuclear, hydro, and steam systems, wind turbines, grid solutions, storage, and software for managing electricity.

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