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Jim Cramer Believes GE Vernova is Not “Done Going Higher”
Yahoo Finance· 2025-12-13 16:52
Core Insights - GE Vernova Inc. (NYSE:GEV) has experienced a significant stock rally, closing at $723, up $97 in one session, driven by increasing orders from companies needing power for data centers [1] - Jim Cramer emphasizes that GE Vernova is a solid investment in the power sector, particularly in uranium and natural gas, positioning it as a leading company in this space [2] Company Overview - GE Vernova Inc. provides a range of products and services for electricity generation, conversion, storage, and management, utilizing gas, nuclear, hydro, and wind technologies [2] - The company is highlighted as a key player in the power segment, with a focus on responsible investment rather than speculation [2] Market Position - Cramer suggests that GE Vernova has the potential for significant price-to-earnings multiple expansion due to its real earnings and revenue growth [1] - The stock is viewed as having the ability to sustain high sales and earnings growth through the end of the year, indicating a favorable market outlook [1]