Jim Cramer Recently Discussed These 15 Stocks & The California Wildfires

5. GE Vernova Inc. (NYSE:GEV)

Number of Hedge Fund Holders In Q3 2024: 89

GE Vernova Inc. (NYSE:GEV) is an energy company that operates in the power generation and electrification industries. It is also among the handful of firms capable of manufacturing nuclear power reactors. The exposure has served GE Vernova Inc. (NYSE:GEV) well since the stock is up by a whopping 205% over the past year. The strong share price performance is due to the AI data center industry’s thirst for clean power generation which has grown the demand for nuclear power. Cramer, however, isn’t a believer in the near-term potential of nuclear power; but, at the same time, he’s a fan of GE Vernova Inc. (NYSE:GEV):

“The company that would probably build them [small nuclear reactors] here is GE Vernova. They don’t really have a game plan to do anything before twenty, uh, thirty two.”