Jim Cramer Discussed 9 Stocks for This Week’s Game Plan

3. GE Vernova Inc. (NYSE:GEV)

Number of Hedge Fund Holders: 89

Cramer expressed optimism about GE Vernova Inc. (NYSE:GEV), noting that the data center industry continues to thrive and has an increasing demand for energy.

“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.”

GE Vernova (NYSE:GEV) is an energy company that provides products and services for generating, transferring, and storing electricity globally. While Cramer has expressed enthusiasm about nuclear stocks, he recently commented on GEV and said:

“I will say that the most important builder of nuclear plants in this country, GE Vernova is about as bearish as the promoters are bullish. I’ve tried to coax CEO Scott Strazik to be more positive on the prospects, but he won’t. After all the engineering hurdles, cost overruns, and balance sheet damage associated with his plants, he doesn’t expect anything commercially viable for about a decade so I don’t think you wanna be in any of these nuclear stocks for too long.”