GE Vernova Inc. (NYSE:GEV) is one of the Jim Cramer Says Trump’s Angry At Everybody & Discusses These 11 Stocks.
GE Vernova Inc. (NYSE:GEV) is an American industrial equipment company that has benefited from investor attention due to its ability to manufacture nuclear power generation equipment. Nuclear power has emerged as a source of power for large AI data centers and has led to GE Vernova Inc. (NYSE:GEV)’s shares gaining 179% over the past year. It is one of Cramer’s few top nuclear stocks as the CNBC host believes the firm is experiencing stable demand for its nuclear reactors and can deliver them for nuclear power generation. GE Vernova Inc. (NYSE:GEV)’s shares have gained 48.3% year-to-date on the back of several catalysts such as analyst upgrades and strong earnings results. Cramer’s remarks about the firm involved discussing the firm as one of the quiet stocks that were making investors money. They followed as he discussed Broadcom, which ranks 6th on this list.
“How about GE Vernova. Once again.”
Earlier, Cramer discussed why his charitable trust owns GE Vernova Inc. (NYSE:GEV) shares:
“I prefer GE Vernova because they’re the ones that will build the reactors, and it’s what I call a real company. But this crowd is repelled by the truth. They refuse to believe in and simply think, I’m trying to keep people out of fantastic stocks, little stocks. I’m not. I just think the GE Vernova builds new plants, and that’s a good way to play nuclear power building. I mean… that’s why my trust owns it.”
While we acknowledge the potential of GEV as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock.
READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.
Disclosure: None. This article is originally published at Insider Monkey.
