GE Vernova Inc. (NYSE:GEV) is one of the Jim Cramer Discusses US-China Trade War & These 10 Stocks.
GE Vernova Inc. (NYSE:GEV) is a frequent appearance on Cramer’s morning show. The CNBC host has discussed the firm in the context of the hype surrounding nuclear stocks due to AI infrastructure investment. Cramer believes that nuclear stocks are a long-term play since it takes years for projects to finish and generate revenue. Amidst the hype, he believes that GE Vernova Inc. (NYSE:GEV) is the only nuclear stock that is worth investing in. The firm’s shares are up by 44% year-to-date and have gained 55% since late April. This time around, Cramer stressed the need to discuss stocks that younger people could buy and GE Vernova Inc. (NYSE:GEV) appeared to be one of them:
“Now, there’s only one of them GE Vernova they actively, you speak to Scott Strazik, he’ll say listen, we’re the only guy that can, well Westinghouse can, that’s involving Westinghouse.
Cramer’s earlier comments about GE Vernova Inc. (NYSE:GEV) discussed the firm in the context of America’s trade negotiations with China:
“So, how could the president turn around these negotiations with the Chinese? Okay, so I’ve been thinking about this. I always like to be constructive. I’m a constructive fella… Hey, how about turbines from power players? GE Vernova has installed 240 gas turbines in China, there you go, for about 50 million a pop. Just servicing these turbines gives us some cards to play.
China needs these, especially if anyone maybe just realizes that they’re making all these coal plants and does something to try to stop it. Now, those aren’t low cards. They’re kind of, I don’t know, maybe 8s and 9s. You can split them if the dealer has a 4, but I don’t think Xi’s got a 4. He’s got a king showing. Now there are some other things that could work out… GE Vernova might have room to expand its capacity, but there’s so much demand from the American hyperscalers that they might not have time for China.”
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