10 Stocks on Jim Cramer’s Radar These Days

1. GE Vernova Inc (NYSE:GEV)

Number of Hedge Funds Investors: 89

Jim Cramer was recently asked about GE Vernova on CNBC. Here is what he thinks about the stock:

“Yes, I am. I’m high on GE Vernova. I’m high on GE Aerospace. And if that dog GE Healthcare would stop giving up the gains that it has, we own that for the trust. I’d be higher on that one too.”

Fidelity Dividend Growth Fund stated the following regarding GE Vernova Inc. (NYSE:GEV) in its Q3 2024 investor letter:

“Among individual holdings, the top relative contributor was an overweight stake in GE Vernova Inc. (NYSE:GEV). The company’s shares gained about 49% the past three months, as the power-generation business that split from General Electric on April 2 continued to fare well as a stand-alone entity. On July 24, the company reported quarterly earnings that were better than expected, boosted by its natural gas power-turbine business, and released an optimistic financial forecast for the rest of 2024.”

While we acknowledge the potential of GE Vernova Inc (NYSE:GEV), our conviction lies in the belief that under the radar AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than GEV but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.

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