Energy technology company GE Vernova (GEV) is looking at a multi-billion-dollar opportunity, as President Trump and Japanese Prime Minister Takaichi are set to announce a $40 billion nuclear power project based in Tennessee. The project, a part of a $550 billion fund the U.S. and Japan have planned as part of a deal that included lower auto tariffs and other levies, is set to feature GE Vernova and Hitachi (HTHIY) in the construction of BWRX-300 small modular nuclear reactors.
Against this backdrop, should you consider buying GE Vernova’s stock?
