By Thomas Richmond
Publication Date: 2026-06-01 16:22:00
Quick Read
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Nvidia continues to benefit from accelerating AI factory buildout, while GE Vernova captures secondary gains by providing the massive power generation and transmission equipment required to run data centers.
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Nvidia (NVDA) reported Q1 FY2027 revenue of $81.6B, up 85.2% year-over-year, with Data Center revenue surging 92% to $75.25B, while GE Vernova (GEV) booked $2.4B in data center electrification orders in Q1 2026 and raised full-year free cash flow guidance.
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Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and GE Vernova didn’t make the cut. Grab the names FREE today.
On the May 29, 2026 episode of Mad Money, a caller named Patrick from Virginia brought Jim Cramer a problem most investors would love to have. He bought NVIDIA (NASDAQ:NVDA) back in 2017 when Jim Cramer called it “the stock of our generation,” and over the next eight years, the position grew to roughly 60% of his individual stock portfolio. Patrick has spent the past year actively trimming the position and asked Cramer whether GE Vernova (NYSE:GEV) made sense as a stock to diversify into.
Cramer’s answer doubled as both a green light on the new pick and a defense of the original thesis: “I still like NVIDIA very much. I’m not backing away from NVIDIA.”
The 60% Problem
A single stock growing into majority control of a portfolio is the kind of outcome long-term investors fantasize about, and few know how to manage. Selling can be…