Reported about 15 hours ago
Jim Cramer expresses confidence in GE Vernova Inc. (NYSE:GEV) as a solid investment choice despite a recent downgrade by RBC Capital and concerns over a damaged wind turbine at an Australian site. Cramer emphasizes the rising demand for power, particularly from AI data centers, while highlighting the strong institutional support for GE Vernova. The company, focused on electrification and decarbonization, was spun off from General Electric in 2024.
Source: YAHOO