Cramer's Morning Take: GE Vernova 6/24/25

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Jim Cramer (0:49)

Hey, it's Cramer, and this is my morning take on the market from today's CNBC Investing Club Morning Meeting.

SPEAKER_6 (0:55)

You did mention a little bit earlier the data center trade red hot. There was a price target increase on GE or Vernauva, which certainly plays into that as a power supplier to these big data centers.

Jim Cramer (1:05)

You know that when we bought that, I knew when we bought that, I just said, okay, listen, we have to bite the bullet and buy it because I've been waiting and waiting and waiting. But we would never have bought if we didn't think there still was substantial upside. Do you know that I still think there's substantial upside?

SPEAKER_6 (1:18)

Yeah, and Morgan Stanley, they think the stock can go to five. Well, it's actually almost there now. 5.11, they raised from 4.22. But why they increase their price target, stronger conviction in the company's ability to execute on high margin opportunities within power electrification. They're pointing out pricing power within gas. We've been talking about how these gas turbines so supply constrained leads to a lot of pricing power.

Jim Cramer (1:40)

I wish they had more. I will say this. Here's what happened with this thing. Okay, this company when it came public was mispriced. Why? Because we didn't know about the industrial revolution. Industrial revolution obviously is the data center. We did not know that they would be soup to nuts, that they're not just a turbine, but they're also built a lot of electricity. We didn't know that there would be a fight with many of our trading partners, where you either buy Boeing or you buy turbines. There were so many secular trends that suddenly went with these guys, that it deserved to have to go to the moon and it's going to the moon. Now is it a Palantir? It's not a meme stock. It's good order.

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All opinions expressed by Jim Cramer on this podcast and in connection with the CNBC Investing Club are solely Cramer's opinions and do not reflect the opinions of CNBC, NBC Universal, or their parent company or affiliates and may have been previously disseminated by Cramer on television, radio, internet, or another medium. No specific outcome or profit is guaranteed in connection with your reliance upon or other use of the content from Cramer. The opinions offered in connection with this podcast and the CNBC Investing Club are not an attempt to induce any particular trading behavior, investment, or strategy. You should be aware of the risk of loss in following any strategy or investment discussed in the content from Cramer. To view the full CNBC Investing Club Disclaimer, please visit cnbc.com/investingclubdisclaimer.

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