GE Vernova Stock News

GE Vernova has doubled since its GE split, driven by electric energy demand and a turnaround plan to boost EBITDA margins from 2% to 13% by 2027. The company's turnaround involves better pricing and productivity, with EPS projected to grow over 20% annually due to margin improvements. GEV is generating free cash flow, and a capital return policy announcement at the December Investor Day could f...

The S&P 500 has had an extraordinary year so far, with the S&P 500 ETF NYSE: SPY boasting a 25.31% return year-to-date, well above the market's average pace. Driving this surge are shifting monetary policies, the Federal Reserve's consecutive rate cuts, rapid advancements in AI and technology, and this week's almost 5% rally following Donald Trump's presidential election victory.

All five stocks have delivered triple-digit returns in 2024.

CNBC's Jim Cramer on Election Day identified stocks that could perform well with either Vice President Kamala Harris or former President Donald Trump in the White House. Cramer's stock picks include Walmart, TJX, Costco, Netflix and T-Mobile.

None of our picks is Nvidia or Amazon or Tesla. Investors may wish to widen the aperture to find the best stocks for outsize earnings growth.

Utility stocks have been under pressure for the past few years as high interest rates depressed these capital intensive businesses.

GE Vernova Inc. (NYSE:GEV ) Q3 2024 Earnings Conference Call October 23, 2024 7:30 AM ET Company Participants Michael Lapides - Vice President of Investor Relations Scott Strazik - Chief Executive Officer Ken Parks - Chief Financial Officer Conference Call Participants Julian Mitchell - Barclays Nicole DeBlase - Deutsche Bank Andrew Percoco - Morgan Stanley Joe Ritchie - Goldman Sachs Julien Du...

GE Vernova (GEV) shares fell Wednesday morning after the energy company reported an unexpected loss, its second time in three quarters as a standalone company that it has posted an unprofitable period.