$GEV (-3,49 %) #Holidaychallenge
Been there today as a "small" shareholder:
Who recognizes where?
GEVernova Inc (NYSE:GEV), a manufacturer of energy equipment, has suffered from concerns about the sustainability of its investments in AI and semiconductors, as well as the sustainability of the energy needs of its AI supply chain.
GEVernova has outperformed market expectations since its spin-off from General Electric in April 2024. As a global leader in the gas turbine market, the company is expected to benefit from increasing energy demand, decarbonization and grid modernization.
The experienced management team has successfully implemented its goals and positioned the company for a multi-year turnaround through organizational simplification, focused product offerings and cost reduction measures.
