Onshore wind power upgrade
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Jim Cramer Notes “Unlike the Hyper Speculative Stocks, GE Vernova is the Nuke Builder”
Yahoo Finance· 2025-11-22 07:29
Company Overview - GE Vernova Inc. (NYSE:GEV) focuses on generating, transmitting, and storing electricity through various technologies, including gas, nuclear, hydro, and wind power [2] - The company also provides grid, solar, and storage systems, along with software for energy management and optimization [2] Recent Developments - GE Vernova's stock recently experienced a 7% increase, making it the second-best performer in the S&P 500 [1] - The company announced its first onshore wind power upgrade agreement outside the United States, contributing to its recent stock rally [1] Strategic Focus - GE Vernova is developing small modular nuclear reactors aimed at providing continuous clean energy without reliance on federal government support [1] - The company is positioned as a serious player in the nuclear sector, contrasting with more speculative stocks in the market [1]