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Barchart
Barchart
Ebube Jones

3 Reasons Why Wall Street Loves GE Vernova Stock

GE Vernova (GEV) has become an undeniable favorite on Wall Street since it split from parent company General Electric earlier this year. Based on a recent stream of consistently bullish brokerage notes, experts are getting more and more excited about the potential for the clean energy and power arm of the old-school conglomerate - which now trades as three separate entities, with GE Healthcare (GEHC) and GE Aerospace (GE) the spin-off sister stocks to GEV.

Since opening at $115 back in its late-March debut, GEV has more than doubled in value. More recently, with clean energy stocks catching a fresh tailwind from the Fed's jumbo rate cut, GEV hit a new all-time high of $250 last Friday, Sept. 20. 

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