yahoo Press
Jim Cramer Suggests “Might Want to Get Some GE Vernova”
Images
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 featured in Jim Cramer’s Mad Money recap, as he discussed how the AI build-out could power the economy. Cramer mentioned the stock during the episode and said: Take a look at these. These companies are hiring like mad because they know the demand for electricity is rising consistently for the first time in decades. Utilities are a jobs program in themselves. Let a hundred Tennessee Valley Authorities bloom. Look at this Bloom Energy. Oh my God, that non-combustible energy stock was down today. Might want to get some GE Vernova. How many times do I have to love that? You’re going to plug right into natural gas. EQT, Vistra, Constellation, amazing companies. Photo by Joshua Mayo on Unsplash GE Vernova Inc. (NYSE:GEV) provides products and services for generating, converting, storing, and managing electricity, including gas, nuclear, hydro, and wind technologies. Cramer discussed the stock during the May 5 episode, as he commented: You have GE Vernova, which spent years under GE as a struggling builder of turbines, suddenly on its own, and what is it doing? It’s printing money. It’s how you have a natural gas company like EQT roaring because you need that nat-gas to burn. 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.
Comments
You must be logged in to comment.