GE Vernova Inc. (NYSE: GEV) was among the stocks highlighted by CNBC’s Jim Cramer during his Mad Money program, as he outlined his game plan for the week ahead.
When a caller asked about the stock during the episode, Cramer offered an upbeat assessment, expressing confidence in the company’s current position in the market.
Cramer stated: “Look, I think GE Vernova is absolutely terrific. We know that the, it’s come down nicely from its top. It’s at a very good level.”
Cramer also addressed NVIDIA during the same segment, making clear he had not changed his view on the chipmaker despite some uncertainty about recent trading activity.
He said: “I still like NVIDIA very much. I’m not backing away from NVIDIA, I just need to know… what went on in the last hour, because it just seemed, let’s just say it didn’t seem right. How about that? Leave it at that.”
GE Vernova provides products and services for generating, converting, storing, and managing electricity, including gas, nuclear, hydro, and wind technologies.
Cramer had also discussed GEV during a May 5 episode, pointing to the company’s dramatic turnaround since separating from its former parent organization.
During that earlier segment, Cramer said: “You have GE Vernova, which spent years under GE as a struggling builder of turbines, suddenly on its own, and what is it doing? It’s printing money.”
Cramer also connected GEV’s trajectory to broader energy market dynamics, referencing natural gas demand as a key supporting factor for the business environment in which the company operates.
He noted: “It’s how you have a natural gas company like EQT roaring because you need that nat-gas to burn.”
GEV shares were down 1.84% at the time the comments were reported, while NVIDIA posted a gain of 6.26% during the same period.
Cramer’s repeated focus on GE Vernova across multiple episodes of Mad Money signals sustained conviction in the stock, even as it trades below its recent peak levels.
