Jim Cramer’s Recession-Proof Stock Picks

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3. GE Vernova Inc. (NYSE:GEV)

No. of Hedge Funds: 106

GE Vernova Inc. (NYSE:GEV) makes an entry into our list of Jim Cramer’s recession-proof stock picks. Despite the lowered analyst rating and price target, Jim Cramer remains confident in the stock.

The company’s brand name took a hit when its wind turbine blade at Iberdrola’s Flyers Creek wind farm in Australia bent in half. The damage to the 3.8MW turbine that began in late June due to a storm worsened in late September 2025. The blade was removed from service, prompting a statewide safety review of wind turbines. On October 1, 2025, following the incident, RBC Capital downgraded the stock from Outperform to Sector Perform and lowered the price target massively from $631 to $601.

However, according to Jim Cramer, the demand for power is rising in tandem with the increasing number of AI data centers. Hence, pointing out GE Vernova Inc. (NYSE:GEV), he made the following comment.

“I like how they are positioned.”

GE Vernova Inc. (NYSE:GEV) further thrives as a recession-proof stock pick with strong institutional support, as reflected in the 106 hedge funds invested in the stock.

GE Vernova Inc. (NYSE:GEV) is a global energy company focused on electrification and decarbonization. The company was officially spun off from General Electric on April 2, 2024. Based in Massachusetts, the company focuses on multiple energy businesses, including Power, Wind, and Electrification.

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