Jim Cramer capitalizes on market dip to buy GE Vernova shares

In the United States, Jim Cramer announced a strategic move to buy shares of GE Vernova, an energy equipment manufacturer, amidst a recent market dip. As of May 19, 2025, following a series of negative indicators including a downgrade of the U.S. credit rating by Moody's, Cramer’s Charitable Trust made the decision to purchase 35 shares at approximately $418.25. This acquisition increased the trust’s holdings in GE Vernova from 0.55% to about 1.0%. Cramer further explained that this move was opportunistic, given the overbought conditions indicated by the S&P Short Range Oscillator, and the belief that the market required a correction. Cramer had raised extra cash in anticipation of this pullback, allowing him to capitalize on the weakness in the stock market by acquiring additional shares of GE Vernova, which he had only recently initiated a small position in days prior. Cramer highlighted that the company's Power and Electrification division is experiencing a significant influx of orders, signaling strong demand that could exceed capacity through at least 2027. This positive outlook continued to support Cramer’s view that GE Vernova stands as a valuable investment, particularly as the company aims to benefit from potential trade deals and a growing global focus on energy solutions. Cramer noted that while GE Vernova has yet to fully capitalize on the recent growth in nuclear energy, its extensive portfolio in gas-powered turbines positions it well within the power market. He also remarked on the company's resilience, as indicated by its impressive year-to-date stock performance of 39.49%, despite broader economic challenges such as political instability around the federal budget. Overall, Cramer’s commentary painted a favorable picture of GE Vernova as it navigates through a turbulent economic landscape, bolstering the underlying investment thesis.