Jim Cramer Says If He Ran GE Vernova He "Would Put A Lot of Money In"

GE Vernova Inc. (NYSE:GEV) is one of the stocks Jim Cramer expressed his thoughts on. Given that the stock is off its 52-week high, an investing club member asked if it is time to buy more. Cramer stated:

“And the answer is yes. GE Vernova is the way to be able to make it so natural gas is actually turned into the fuel that the data centers want. Now I will tell you, they should be putting up factories and making turbines like mad. They are not doing that. I want them to do that, but I don’t run the company. If I did, I would put a lot of money in. Historically, when they’ve done that, they… did it at the top and it’s hurt them. This is a five-year thing that’s happening, and I want to be involved in it.”

GE Vernova Inc. (NYSE:GEV) provides products and services for generating, converting, storing, and managing electricity, including gas, nuclear, hydro, and wind technologies. Additionally, the company offers grid solutions, power conversion, solar and storage systems, and electrification software.

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Disclosure: None. This article is originally published at Insider Monkey.