14 Stocks That Jim Cramer Recently Talked About

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6. GE Vernova Inc. (NYSE:GEV)

Number of Hedge Fund Holders In Q3 2024: 89

GE Vernova Inc. (NYSE:GEV) is a fresh company formed after the spin-off of General Electric’s energy division earlier this year. Since the spin-off, the shares have gained 157% to make it one of the best-performing stocks of the year. Cramer referred to GE Vernova Inc. (NYSE:GEV) as part of his remarks for Honeywell as he was impressed by the firm’s performance after the split. GE Vernova Inc. (NYSE:GEV) benefits from the growing demand for clean energy, particularly from AI data centers. The firm has been focused on refocusing efforts away from its wind generation business to better cater to the rising demand for clean energy. Commenting on GE Vernova Inc. (NYSE:GEV), Cramer shared that the firm’s CEO benefited from its surprising exposure to data centers:

“Well he got the break that Vernonva turned out to be data center. A data center. But then you have to go throw cold water on it.”

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