Jim Cramer Recommends GE Vernova Over Centrus Energy Corp. (LEU)

We recently published a list of Jim Cramer Put These 14 Stocks Under the Microscope. In this article, we are going to take a look at where Centrus Energy Corp. (NYSE:LEU) stands against other stocks that Jim Cramer discusses.

During the lightning round, a caller asked about Centrus Energy Corp. (NYSE:LEU), and Cramer remarked:

“What a horse. Okay, nuclear power… people just believe nuclear power, no matter what. Now, I think that’s fine, but I suggest that you calm down and you buy GE Vernova, which has been such an up stock and also has nat gas.”

A vast construction site with heavy machinery, materials, and workers, showcasing the company’s global presence.

Centrus Energy (NYSE:LEU) provides nuclear fuel and related services as it offers enriched uranium products and technical support to customers in the nuclear power sector. On May 28, William Blair analyst Jed Dorsheimer began coverage of LEU with an Outperform rating and no stated price target.

As per the analyst, Centrus Energy (NYSE:LEU) is the only uranium enricher under U.S. ownership, which gives it an edge in both technology and national security. The firm mentioned that the company will gain a large share of the market as it shifts from acting as a broker of foreign nuclear fuel to becoming a direct producer and supplier of low-enriched and high-assay low-enriched uranium for the U.S. nuclear industry. William Blair believes the stock deserves a place in any energy-focused investment portfolio.

Overall, LEU ranks 13th on our list of stocks that Jim Cramer discusses. While we acknowledge the potential of LEU as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than LEU and that has 100x upside potential, check out our report about this cheapest AI stock.

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