In premarket trade the stock is up again, +$12.04 (+2.59%) at $476.43.
From IBD, May 27:
A Nuclear Power Play And TurboTax Stock Reach New Highs
While the general market saw weakness Friday ahead of a three-day weekend, Intuit (INTU) stock and GE Vernova (GEV) each reached fresh new highs.
GE Vernova stock got a boost as nuclear names rallied on news President Donald Trump is expected to sign executive orders Friday to support the nuclear energy sector. GE Vernova's Hitachi business provides nuclear power services. Intuit soared after the company's positive earnings report late Thursday.....*****.... GE Vernova Stock Hits A New HighGe Vernova stock broke out of a deep cup base with a 447.50 buy point Tuesday and is in the buy range up to 469.88.
Shares are on pace for seven straight weeks of gains and hit a record high Friday. And its relative strength line also reached a new high.
GE Vernova easily beat first-quarter profit and sales estimates on April 23. Forecasts show full-year 2025 earnings per share climbing 22% and then a robust 61% in 2026.
Mutual funds boosted their positions in the stock, with 2,454 owning shares in March, up from 2,305 in December. And its 2.0 up/down volume ratio shows positive demand over the last 50 days.
IBD Leaderboard name GE Vernova offers technology and services for gas, nuclear and hydro power, wind turbines, and power grids....
....MUCH MORE (GEV chart, Intuit commentary)