Wednesday, December 17, 2025

You know what looks cheap? GE Vernova looks Cheap (GEV)

The last time we used that locution was with Nvidia after the Deepseek hubbub, and tariff trauma, at $111.*

It went lower, with a spike down into the mid-$90's and then went over $200.

Today's Oracle news knocked GEV below the gap-up from the Investor Day enthusiasm.

From TradingView:

 

The December 9 - 10 gap-up is from $628.02 to $690. The stock is currently a $613.43 down, $72.78.

*March 7 -  "As NVIDIA’s Quantum Day Nears, Analysts Suggest Event is More Than a Gesture" (NVDA)

You know what looks cheap? Nvidia looks cheap.

That's not to say it can't get cheaper but to quote some of the old-time traders: "Well bought is half sold."

$111.29 last, up $0.72 (+0.65%) in late pre-market trading.

Nvidia's April 7 spike down actually got to $86.62 but I don't think even a round lot traded ther, it closed the day at $97.64. The November all-time-high, $212.19, was similar in that I don't think you could have gotten 10 shares off at that price.