We recently published a list of Was Jim Cramer Right About These 13 Stocks? In this article, we are going to take a look at where GE Vernova Inc. (NYSE:GEV) stands against other stocks that Jim Cramer discussed.
In the most recent episode of Mad Money, Jim Cramer shared his thoughts on how the government’s approach to tariffs could play a crucial role in sustaining the stock market rally. Cramer expressed satisfaction with the current direction of policy.
“There’s what happened two weeks ago, two Thursdays ago, more accurately when the stock market official went into correction mode. Until the market broke down like that, I think the president was perfectly willing to hammer anybody just to get his way.”
“I don’t think he (President Donald Trump) wants to punish good American companies that make things here.”
READ ALSO: Did Jim Cramer Nail or Miss These 14 Stocks?
Cramer explained that he no longer thinks the president wants to harm American companies that manufacture goods domestically. He suggested that the shift in attitude is a relatively new development, and it may signal a more nuanced approach going forward. He noted that with the market’s recovery, it is possible that the conversation around protectionist tariffs will surface once again, but the context might have changed.
Cramer speculated that when the market entered correction mode, President Trump may have been influenced by the pleas from various observers about the damaging effects on stocks of good American companies.
“Here’s the bottom line: At the end of the day, America’s the only country on earth that’s played fair on trade. Everybody else breaks the rules to protect their domestic businesses. That’s hollowed out our industrial heartland. And that dynamic can only change if our government takes a more carrot-and-stick approach. Assuming Trump doesn’t go overboard, that might just be what we’ve got and it means stocks can finally stage a real rally again.”
Methodology
For this article, we compiled a list of 13 stocks that were discussed by Jim Cramer during the episode of Mad Money on April 2, 2024. We then calculated their performance from April 2nd, 2024, market close to March 24th, 2025, market close. We have also included the hedge fund sentiment for the stocks, which we sourced from Insider Monkey’s Q4 2024 database of over 900 hedge funds. The stocks are listed in the order that Cramer mentioned them.
Please note that this article mentions Jim Cramer’s previous opinions and may not account for any changes to his opinions regarding the stocks that are mentioned. It is primarily an examination of how his previously provided opinions have panned out.
Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here).
GE Vernova Inc. (NYSE:GEV)
Number of Hedge Fund Holders: 111
GE Vernova Inc. (NYSE:GEV) is a global energy infrastructure company focused on natural gas turbines, grid modernization, and renewables. Back then, Cramer was very bullish on the company following the GE spin-off. Here’s his analysis:
“GE Vernova is a Colossus in the energy industry […] Whenever you hear about efforts to modernize the power grid, know that these guys are getting a piece of that. And there’s a lot of money here because Biden’s various stimulus packages, especially the bipartisan infrastructure bill that has poured tens of billions of dollars into grid modernization that is so needed.
At the same time the rise of artificial intelligence has created this unheard of demand for electricity because the data centers the power of these platforms consume tremendous amounts of power. Electricity demand is now growing at a 5% annual clip which is huge for GE Vernova. […] As I see it wind power still has a lot of room to run.
If the company can hit its longer-term forecast, this stock will be a fantastic buy. But beyond the numbers I like GE Vernova because the company’s set up perfectly for the energy transition that’s expected to take place over the next two decades […]
Finally, I am impressed with CEO Scott Strazik who’s made a great case for this company on Wall Street. […]
Now what about the stock? I think it’s still worth owning […] While spin-offs often have a lot of volatility in their first few months, I recommend gradually building a position in this one.”
GE Vernova Inc. (NYSE:GEV) has skyrocketed 140.14% since that episode, strongly supporting Cramer’s bullish take on the spin-off.
On March 5th this year, a caller asked if Cramer was still bullish on GE Vernova Inc. (NYSE:GEV) and here’s what he said in response:
“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.”
Overall, GEV ranks 8th on our list of stocks that Jim Cramer discussed. While we acknowledge the potential of GEV as an investment, our conviction lies in the belief that 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.
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Disclosure: None. This article is originally published at Insider Monkey.