Jim Cramer Talked About These 10 Stocks Recently

1. GE Vernova Inc. (NYSE:GEV)

Number of Hedge Fund Holders: 111

Cramer highlighted that GE Vernova Inc. (NYSE:GEV) has various secular trends going for it, as he said:

“We’re going to talk about the stock of GE Vernova. That’s the power division that was spun off from the old General Electric that so many of you like. Right now, we’ve got several huge themes occurring at once. We know that we have a gigantic number of data centers being put up in the country, correct? Now they require tremendous amount of electricity. They’re big drainers. Our most abundant source of power comes from burning of natural gas. We got more natural gas than any other country.

GE Vernova makes the turbines. Those are huge machines, up to 700,000 pounds, that burn the natural gas, which then generates electricity. Now there’s the theme for you, but that’s not all. Today, the Tennessee Valley Authority, remember them, announced that it’s going to submit a construction permit for a small modular nuclear reactor, again because we need more power for the data centers. Who makes those? GE Vernova. And we know that the Empire offshore wind project off the coast of New York just got re-greenlighted by the Trump administration. According to a 2022 press release, GE Vernova will be responsible for designing and building the high-voltage electrical system connected to this. It’s a huge multi-year project that will be fantastic for, yes, GE Vernova.

Oh, and if you are a country with a trade surplus with the US, the best way to get it down and then you lose the ire of the president, get away or get rid of the wrath, well, it’s always been to buy a Boeing plane, but I don’t think that works as much anymore. You know what you gotta do? You gotta buy a turbine from GE Vernova. It takes a lot to buck the bond voters. But GE Vernova has not one, not two, not three, but four secular trends going for it. That’s what you need. That’s belt, suspenders, and suspenders and then belt again.”

GE Vernova (NYSE:GEV) is an energy company that provides equipment and support for producing, moving, and storing electricity around the world.

While we acknowledge the potential of GE Vernova Inc. (NYSE:GEV) 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 GEV and that has 100x upside potential, check out our report about this  cheapest AI stock.

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