Group 1 - GE Vernova Inc. (NYSE:GEV) is an industrial machinery firm that has seen its shares increase by 95% year-to-date, with a notable 16% rise on December 10th following an updated revenue forecast for 2026 [2] - The company anticipates organic revenue growth of 16% to 18% and electrification revenue growth of 20% in 2026, with projected revenue between $41 billion and $42 billion, significantly higher than the 2025 forecast of $36 billion to $37 billion [2] - Following the investor update, Baird raised its price target for GE Vernova Inc. to $816 from $706, maintaining an Outperform rating, while Wells Fargo increased its target to $831 from $717, also keeping an Outperform rating [2] Group 2 - Jim Cramer has consistently praised GE Vernova Inc. for its potential in delivering nuclear power plants and has highlighted concerns regarding the reliance on natural gas turbines for electricity generation [3] - The company is positioned in a sector where there is a growing demand for high-voltage power solutions, which may impact its operational capabilities and market positioning [3]
Jim Cramer Discusses GE Vernova (GEV) & Turbines