GE Vernova Advances Nuclear Power Growth Amid Strategic Prolec Acquisition

Jim Cramer highlighted GE Aerospace and GE Vernova as poised for continued growth due to their critical roles in global aerospace and energy markets, especially amid ongoing trade tensions and tariffs under President Trump's administration. GE Aerospace showed growth in its commercial engines and services segment, benefiting from large aircraft orders like Korean Air's historic purchase of 103 Boeing jets powered by GE engines, while improvements in supply chain management were noted as vital in the current tariff environment. GE Vernova impressed with strong earnings that beat estimates, driven by its power business and strategic acquisition of Prolec, which expands its electrification segment crucial for supplying energy to data centers. The company reported robust organic revenue growth, significant margin improvements, and solid free cash flow, despite some challenges in the wind segment and tariff uncertainties. Cramer sees GE Vernova as a key player in powering data centers amid the surge in electricity demand driven by artificial intelligence advancements, emphasizing its unique position with nuclear and other power generation capabilities. Both companies have recovered well from initial post-earnings sell-offs, with substantial year-to-date stock gains reflecting investor confidence in their long-term prospects.