GE Vernova Inc. (NYSE:GEV) is one of the stocks Jim Cramer picked for his fantasy stock portfolio. Cramer compared the stock to Baltimore Ravens running back, Derrick Henry. He commented:
“Finally, unless you’ve been living under a rock, you know that… we got this gigantic bull market in electricity production to keep all these AI data centers running. And that’s why we’re looking at GE Vernova, the power business of the old General Electric, makes huge turbines for power plants… Best performing industrial in the S&P over the past year by a wide margin. This Charitable Trust name has been walloped of late ever since the president came out hard against wind subsidies, as Vernova has a wind division, but it’s chiefly a natural gas play for what you, that’s why you own it… Maybe it’ll bottom as people realize that’s the, let’s say, the salient division. And if you want power, the NFL comparison is obvious. We’re talking about Baltimore Ravens running back, Derrick Henry… I think both are worth the risk.”
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GE Vernova Inc. (NYSE:GEV) provides energy technologies and services, including power generation, wind, and electrification, including turbines, grid solutions, storage systems, and software to manage electricity from 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.
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Disclosure: None. This article is originally published at Insider Monkey.