GE Vernova Inc. (GEV)’s Shares Have Gained 50% Since Jim Cramer Said “I Don’t Think It’s Done”

We recently published Jim Cramer’s 20 Bold AI Predictions – See How They Played Out! GE Vernova Inc. (NYSE:GEV) is one of the stocks Jim Cramer recently discussed.

GE Vernova Inc. (GEV)'s Shares Have Gained 50% Since Jim Cramer Said “I Don't Think It's Done”

GE Vernova Inc. (NYSE:GEV) has been a top Jim Cramer AI stock due to its exposure to the nuclear power industry. In fact, while Cramer has been a skeptic of nuclear in general due to long delivery times, he has continued to remain optimistic about GE Vernova Inc. (NYSE:GEV). Since his comments in January, the shares have gained 50%. During this time period, the stock dipped by 21.5% during the DeepSeek selloff as investors went risk-off with AI stocks. Then, GE Vernova Inc. (NYSE:GEV)’s shares jumped by 17.5% in July after the firm’s latest earnings report saw it beat analyst EPS and revenue estimates. Here is what Cramer said about GE Vernova Inc. (NYSE:GEV) in January:

“Wednesday we got some real firecrackers. The data center business is red hot and in order to fuel these warehouses full of servers and, you know, send the air conditioning in and all sorts of electricity, well, what do you gotta do? You need more power plants. That means they’re likely to place orders with nat-gas turbine maker GE Vernova, that’s another one of last year’s best performers. I don’t think it’s done.”

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.

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