Jim Cramer Put These 16 Stocks Under a Microscope

3. GE Vernova Inc. (NYSE:GEV)

Number of Hedge Fund Holders: 111

Coming to GE Vernova Inc. (NYSE:GEV), Cramer remarked:

“What’s really going on here? Look, the president is very powerful, especially when he is fixing problems of his own creation, but something else is going on here too. The companies that reported yesterday and today gave you amazing numbers with excellent forecasts, even if the tariffs stay on. The CEOs of these companies, one by one, calmly talked about how the business is terrific and could even get better. Not the stuff that you expect when you think that we’re supposed to have a recession… GE Vernova, a company that’s furiously trying to meet the demand for more electricity in this country, and it can’t meet that demand. It has too much business. I’m calling it a high-quality problem.”

GE Vernova (NYSE:GEV) offers advanced solutions that support how electricity is produced, transferred, converted, and stored across energy systems. Artisan Partners stated the following regarding GE Vernova Inc. (NYSE:GEV) in its Q4 2024 investor letter:

“Notable adds in the quarter included GE Vernova Inc. (NYSE:GEV) and Oracle. GE Vernova is the power, wind and electrification spinoff from the former GE conglomerate. The company benefits from large global market shares across its businesses, high barriers to entry and a substantial installed base that generates multiyear service revenue streams. Now that the company is standing on its own, we believe it is in the early innings of a turnaround story while benefiting from an attractive underlying demand environment. As the world continues to decarbonize, the resulting need for power, wind and electrification equipment is poised to drive attractive growth over the coming years. Our work on AI data center growth and electrification implications strengthened our conviction in GE Vernova in the quarter, particularly its natural gas business, which we believe will need to act as a bridge fuel as technology companies try to balance AI data center growth with decarbonization targets.”