We recently published 10 Trend Stocks to Watch as Brad Gerstner Explains Tailwinds for AI Trading: ’10x Manhattan Project’. GE Vernova Inc. (NYSE:GEV) is one of the trending stocks to watch.
James Van Geelen, founder and portfolio manager at Citrini Research, recently investigated the Stargate data center facility in Texas and spoke in detail about the potential beneficiaries of the data center construction during a Bloomberg podcast. When asked which companies are really driving AI infrastructure projects, here’s what the analyst said:
“So that’s the best part. That was the first thing we saw on the drone: you flew over it and they just built their own natural gas plant. So you have outside of Stargate, Abilene 10 natural gas turbines. And the interesting thing is that these are not like the really good natural gas turbines because, if you wanted, the natural gas turbines fall, simple cycle, combined cycle. They are simple cycle. Each one is 35 megawatts, which is very much in the market. lower end. Half of them are from Vernovahalf of them are from Caterpillar. A company owned by Caterpillar called Solar Turbines. And the reason they’re not, you’d think, oh, you’re spending half a billion dollars on this stuff. “You can probably get the best thing in the world, but that will take you seven years.”
Carillon Scout Mid Cap Fund stated the following regarding GE Vernova Inc. (NYSE:GEV) in its Q2 2025 Investor Letter:
GE Vernova Inc. (NYSE:GEV) offers technologies and services to generate, convert, store and manage electricity, including gas, nuclear, wind, solar and grid solutions. As with Quanta Services, investors see significant electricity demand growth led by AI data centers, in addition to other drivers. Led by growing demand for gas turbines, earnings expectations continue to trend upward as GE Vernova’s order book already stretches into the next decade. Additionally, as nuclear power is reconsidered, nuclear power plant turbines and small modular reactors could add additional growth. “We see significant opportunities for this market leader to support growth in energy demand.”
While we recognize GEV’s potential as an investment, our conviction lies in the belief that some AI stocks have more promise to generate higher returns and have limited downside risk. If you’re looking for an extremely cheap AI stock that’s also one of the biggest beneficiaries of Trump’s tariffs and offshoring, check out our free report on the best short-term AI stock.
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Disclosure: None. This article was originally published in Internal jumpsuit.