CNBC Investing Club: Cramer’s Morning Take on GE Vernova 3/9/26

SPEAKER_1 (0:00)

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Jim Cramer (0:46)

Jim Cramer here to share a short preview of my take on the market from today's members-only CNBC Investing Club morning meeting. Join the club for full access to the morning meeting every day at 1020 a.m. Visit cnbc.com/morningtake to sign up today. That's one word, morning take.

Yeah, look, Cisco is a market cap stock. It's like, you know, it does with the S&P a little, a little worse or better depending on the direction. It's, it is not a company that had a great quarter. It's not. Of the company, it just didn't. I mean, because of, because of DRAM. It had a great quarter separate from DRAM, but DRAM has gotten very tight. Now, DRAM, the big stocks last night got hammered. The ones that really have a lot of control, and that's SK Highness and Samsung. But Korea market's in a lot of trouble because they are the most, they're the most large, a country that's the largest exposure to LNG from Qatar. Not great.

SPEAKER_4 (1:50)

Yeah, there's been, those stocks have been, well, I did see Sandisk up before we came down. But yeah, just big moves, big moves up, big moves down. It's always why, it's why we always say the parabolic moves are always hard to trust. Right. Analyst calls, I know they won't really mean much in a day like today, but still important to point out, GE, Vernova, double upgraded at Rothschild and Redburn. They go to a price target of $1,100. They acknowledge it's a risky environment, but they say substantial upside to guidance.

Jim Cramer (2:18)

They're so loud, it's really a terrific story. Remember that when you see all these data centers talking, if you were able to put one of their turbines outside the grid, so you're not hurting the prices of electricity, that would be a home run for everybody. So they're working on everything like that. You gotta understand that.

SPEAKER_5 (2:43)

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