Jim Cramer Says GE Vernova Has “Kind of Fallen Off”

GE Vernova Inc. (NYSE:GEV) is one of the stocks on Jim Cramer’s radar recently. Cramer believes that the company will be one of the winners, as he commented:

“Now, here’s one that’s… kind of fallen off, that people are a little down on right now, I think it’s wrong, GE Vernova. It’s supply-constrained with its power equipment. They make giant turbines that burn natural gas, the principal energy source powering the data center. I think both GE Vernova and Boeing will be winners. One of the reasons is because they can make machines that cost up to a hundred million dollars a piece. Ordering these big-ticket items is the easiest way for our trading partners to ingratiate themselves with President Trump, short of, you know, like some sort of like bribery or something. Those orders go a long way toward closing any trade deficit.”

Soonthorn Wongsaita/Shutterstock.com

GE Vernova Inc. (NYSE:GEV) provides products and services that generate, convert, and store electricity. The company’s products include gas and nuclear systems, wind turbines, solar solutions, and grid software.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

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