Is this Nvidia-Beating Energy Stock (GEV) a Must-Buy Before Earnings? #shorts #stockmarket #stocks

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Is this Nvidia-Beating Energy Stock (GEV) a Must-Buy Before Earnings?

Energy transition and the nuclear energy standout GE Vernova GEV has skyrocketed 190% since its April 2024 IPO.

GE Vernova jumped to fresh all-time highs on Friday heading into its Q4 earnings release on Wednesday, January 22.

See the Zacks Earnings Calendar to stay ahead of market-making news.

Wall Street flocked to the GE spinoff for its impressive earnings growth and ability to expand alongside key megatrends. GE Vernova provides investors the chance to add exposure to nuclear energy, electrification, natural gas, the artificial intelligence boom, and broader infrastructure spending.

The Bull Case for this Energy Stock
GE Vernova is a pure-play energy transition company growing alongside electrification, nuclear energy expansion, natural gas, and beyond. GEV boasts that its customers generate roughly 25% of all the electricity in the world via GE Vernova’s installed base of technologies.

GE Vernova reports via three business segments: Power, Wind, and Electrification. GEV’s steam power unit has provided nuclear turbine technologies and services for all reactor types for decades. GEV’s Hitachi Nuclear Energy division is a leading provider of advanced nuclear reactors, fuel, and nuclear services.

The U.S. aims to triple nuclear energy capacity by 2050 as it attempts to wean itself off fossil fuels. Microsoft, Amazon, and other technology titans made nuclear energy deals in 2024 to secure reliable power to fuel the AI arms race.

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