5 Best Alternative Energy Stocks To Buy Now

2. General Electric Co. (NYSE:GE)

Hedge Fund Holdings: 71

Based in Boston, Massachusetts, General Electric Company (NYSE:GE) is an American multinational conglomerate which is spread across multiple divisions. On October 10, Deutsche Bank initiated coverage on General Electric Company (NYSE:GE) with a Buy rating and a $141 price target. According to the analysts, the company boasts a catalyst-rich outlook, deep resistance to transitory macroeconomic headwinds, and a capable and competent management team. Furthermore, General Electric Company (NYSE:GE) has an incredibly promising long-term aerospace outlook and a strong free-cash-flow conversion. As the company is also ready to initiate its energy business called GE Vernova, Deutsche Bank values Vernova with an enterprise value-to-EBITDA multiple of eight times.