Squawk on the Street Cramer's Morning Take: GE Vernova 10/8/25
16 snips
Oct 8, 2025 Jim Cramer discusses the Club's strategic investment in GE Vernova, highlighting its potential as the 'right' AI energy stock. He connects rising power demands to major deals from tech giants like NVIDIA and AMD. Cramer underscores GE Vernova's significant role as a turbine leader and hints at the need for political support to boost production. Tune in for insights on the intersection of energy and technology!
AI Snips
Chapters
Transcript
Episode notes
GE Vernova Is Positioned For Data-Center Power
- Jim Cramer argues GE Vernova is the right AI-era energy pick because it builds likely small modular reactors and turbines.
- He links data-center expansion to rising power demand that favors GE Vernova's capabilities.
Chip Deals Signal Bigger Power Needs
- Recent deals between NVIDIA, OpenAI, AMD and Dell boost conviction in a data-center buildout.
- Cramer connects chip and server deals to growing compute needs that will increase demand for power infrastructure.
Float Shrinkage Amplifies Dell's Moves
- Michael Dell's buybacks reduced Dell's float, helping the stock rise more easily.
- Cramer points to float shrinkage as a structural reason Dell trades favorably despite volatility.