GE Vernova Inc. (NYSE:GEV) is one of the stocks in Jim Cramer’s spotlight. A caller asked if they can start a position in the stock at the current levels, and Cramer said:
“Okay, we advise that GE Vernova is the one that’s going to have the longer runway, but… because it’s such a wild trader, we advise that you don’t buy all at once. So let’s say you want to buy 10 shares because this is, you know, this is a $600 stock, you want to buy 10 shares, just buy, just buy two or three. And remember, there’s no commission, so it doesn’t matter.
In the old days, you’d pay a big commission if you… tried to do that. But I do want you in it. I would use, with a stock like that, I would probably use 25-point incrementals. So I do 25 by two and then wait 25, then two, and then wait 25, then two, wait 25, and then, we take a look at it again and see, but it might be my last 25. Get a decent average. Yet it’s very hard to trade these stocks that are so big. I always try to get managements to do a split. I know it doesn’t create any value, but it certainly makes it a little less intimidating to do that kind of buying.”
Wind turbines against a backdrop of the sky, signifying the power of renewable energy.
GE Vernova (NYSE:GEV) provides technologies and services for generating, converting, storing, and managing electricity, including gas, wind, nuclear, and grid solutions. The company supports the full energy cycle from power production to consumption.
While we acknowledge the potential of GEV as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.
Disclosure: None. This article is originally published at Insider Monkey.