Jim Cramer Says GE Vernova Has to Start Building More Plants

GE Vernova Inc. (NYSE:GEV) is one of the 21 stocks on Jim Cramer’s radar. A caller asked if they should wait for a pullback or if current conditions support a buying opportunity. In response, Cramer stated:

“I thought we should be waiting for a pullback… and the reason I did say that was because if they’re not going to put up more capacity, how are we going to raise numbers? Now, obviously, they can, I guess, charge more, but the fact is that this industry’s been burned so many times… that these guys are unwilling to do it. I think that they have to open up their pocketbook and start building more plant[s] so that they can have more turbines. And I think you’re absolutely right.”

GE Vernova (NYSE:GEV) provides technologies and services for generating, converting, storing, and managing electricity, including gas, nuclear, wind, solar, and grid solutions. The company supports the full energy cycle from production to consumption with advanced hardware and software.

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