With the recent announcement of various top financial institutions like
Citigroup Inc,
Raymond James Trust N.A. ,
Advisors Asset Management Inc. and more buying into, and raising their stake in
GE Vernova (GEV), we see a combination of significant institutional trust and market optimism towards the company's future. Factors like
strong power demand,
surpassing industry average ROE, and a string of positive analyst ratings underline a bullish outlook. Renowned financial advisor,
Jim Cramer, advocates buying the dip, stating the company offers critical utility for all hyperscalers. A strategic deal with Woodward to acquire a gas turbine business and enhanced alliance with AWS further contributes to its rising profile. Challenges like surprise loss, a drop in the market, and a probe into cutting corners at an offshore turbine plant would require damage control. Regardless, analysts predict intrinsic value to be
86% more than its current share price, projecting strong revenue and cash flow outlook for 2024. Evidently, GE Vernova emerges as a formidable contender in solar and wind power stocks with even more upside potentials monitored closely by the whales.
Ge Vernova GEV News Analytics from Mon, 26 Aug 2024 07:00:00 GMT to Sat, 23 Nov 2024 12:11:15 GMT -
Rating 8
- Innovation 6
- Information 8
- Rumor -2
