We’re selling 20 shares of GE Vernova at roughly $694 each. Following Monday’s trade, Jim Cramer’s Charitable Trust will own 80 shares of GEV, decreasing its weighting to 1.45% from 1.8%. We’re trimming our position in GE Vernova to lock in big gains after the stock’s recent rally. Shares of this power equipment company surged 15.6% to a record-high close of $723 last Wednesday in response to a bullish Investor Day meeting. Management provided a strong order update and significantly increased its 2028 financial framework for revenue, margins, and free cash flow. GE Vernova stock was universally praised after the meeting, with several analysts upgrading their rating and JPMorgan increasing its price target to a new street high of $1,000. But like any parabolic move, the stock gave back some of its gains on Thursday and Friday. GEV YTD mountain GE Vernova YTD Shares started this week higher after receiving a buy recommendation from analysts at Evercore ISI. With the stock up more than 100% year to date and the AI trade on shaky ground, we’re using this strength to sell some after adding to our position once in October and November when the stock broke down to $600 and below. In addition to Monday’s trim, we are also downgrading GE Vernova to our hold-equivalent 2 rating and reiterating our $800 price target. From this sale, we will realize a strong gain of about 61% on GE Vernova shares purchased in May 2025. (Jim Cramer’s Charitable Trust is long GEV. See here for a full list of the stocks.) As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust’s portfolio. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB. NO SPECIFIC OUTCOME OR PROFIT IS GUARANTEED.
We’re booking some big profits in an AI data center energy play after the stock’s big rally
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