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Jim Cramer Notes That GE Vernova’s Turbine Engines “Have Been in High Demand for Data Centers”
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The above button links to Coinbase. Yahoo Finance is not a broker-dealer or investment adviser and does not offer securities or cryptocurrencies for sale or facilitate trading. Coinbase pays us for certain activity generated through this link. Prices displayed are informational. GE Vernova Inc. (NYSE:GEV) was one of the stocks on Jim Cramer’s recent Mad Money game plan. Cramer noted that he hopes the company raises prices, as he commented: Wednesday is pure dynamite. The Charitable Trust… owns the stock of Boeing and GE Vernova, and both could be huge movers… GE Vernova builds turbine engines that have been in high demand for data centers. It’s entirely sold out in the near term. So you’d be buying it on the promise of firm orders in the out-years, and I think you’re going to get them. I hope they talk about the nuclear program, and I hope… they raise the price. Stock market data. Photo by Photo by Alesia Kozik GE Vernova Inc. (NYSE:GEV) provides products and services for generating, converting, storing, and managing electricity, including gas, nuclear, hydro, and wind technologies. When a caller asked about the stock during the episode aired on March 19, Cramer said: GE Vernova is what I call an up stock. It’s got a, it’s just got the best book of business, which is almost every data center because they need gas turbines. While we acknowledge the potential of GEV as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 33 Stocks That Should Double in 3 Years and 15 Stocks That Will Make You Rich in 10 Years Disclosure: None. Follow Insider Monkey on Google News.
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