Bit slow on the uptake eh wut min schweizer Kollege?
From Investing.com July 7:
UBS starts GE Vernova at Buy as AI-driven power demand to fuel earnings surge
UBS initiated coverage on GE Vernova with a Buy rating and a $614 price target saying that the surging electricity demand from data centers and a tight supply environment is expected to drive pricing power and long-term profit growth.
GE Vernova, which holds about 35% of the global gas turbine market, is positioned to benefit from a structural upcycle in power generation.
Analysts at UBS see 70% compound earnings growth over five years, its highest estimate across covered companies, driven by AI-related energy needs and long equipment lead times that support pricing....
....MUCH MORE
In early pre-market trade the stock is up another $11.03 (+2.08%) following yesterday's $13.24 (+2.56%) move. $541.40 last.
