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Diving into two top energy stocks to buy in April for long-term AI growth: GE Vernova and Constellation Energy.
GE Vernova will aid in turning Homer City Generating Station — previously a coal-power plant in Pennsylvania — into a natural gas-powered data center campus by providing seven turbines to produce nearly 4.5 gigawatts (GW) of power.
Stocks like BWXT Technologies, GE Vernova and Constellation Energy offer a great opportunity for investors who want to create a nuclear energy portfolio.
In the closing of the recent trading day, GE Vernova (GEV) stood at $336.83, denoting a +0.31% change from the preceding trading day.
The latest trading day saw GE Vernova (GEV) settling at $300.24, representing a +0.52% change from its previous close.
Investors interested in GEV stock should wait for a better entry point, considering its premium valuation.
GE Vernova is poised for strong revenue and earnings growth due to solid backlog, strong end market demand, and healthy pricing increases. Despite recent stock price corrections due to DeepSeek concerns, I believe AI adoption and power infrastructure investments will drive long-term growth. The company's margin expansion is supported by higher pricing, cost reduction initiatives, and exiting low-margin offshore wind business.
GE Vernova's transformation has led to significant shareholder value, with the stock surging 116.8% since its spin-off from General Electric. The company's Power, Wind, and Electrification segments show promising growth, driven by rising electricity demand and decarbonization efforts. Despite initial skepticism, GE Vernova's improved financial performance and future growth prospects justify upgrading the stock to a soft 'buy'.
Renewable energy company GE Vernova said on Tuesday it has signed an agreement with Amazon's cloud services business to support the e-commerce giant's data center expansion plans.
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?