12 Trending AI Stocks on Latest News and Ratings

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5. GE Vernova Inc. (NYSE:GEV)

Number of Hedge Fund Holders: 89

GE Vernova Inc. (NYSE:GEV) is an energy equipment manufacturing firm that offers products and services essential for the generation, transmission, and storage of electricity worldwide. On February 5th, Tipranks reported that Mizuho Securities analyst Maheep Mandloi has reiterated their bullish stance on the stock, giving a “Buy” rating on January 29. The buy rating is guided by GE Vernova’s strong growth potential and market position. New strategic partnerships have led to robust pricing power for the company in its gas business. The company’s power and electrification segments also demonstrate strength, and there are expectations of continued improvement in free cash flow conversation and growth from wind energy recovery and zero-carbon technologies. Mandloi is also optimistic about GE Vernova benefiting from increased AI investments that support the demand for its gas and grid operations. Improving productivity in the company has led to an increase in power GW deliveries, which it is selling at higher selling prices due to rising power prices. Lastly, strategic partnerships are helping the company enhance its ability to deliver zero-carbon solutions.

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