10 AI Stocks You Should Not Ignore

5. GE Vernova Inc. (NYSE:GEV)

Number of Hedge Fund Holders: 106

GE Vernova Inc. (NYSE:GEV) is one of the 10 AI Stocks You Should Not Ignore. On September 15, Melius analyst Rob Wertheimer upgraded the stock to “Buy” from Neutral with a $740 price target. The research firm sees upside to estimates.

In an investor note, the analyst mentioned that the stock is up 5x from the spin, and there’s a lot significant potential for sell-side estimates to be revised upward moving towards 2027 and beyond underpinned by a durable expansion in power demand.

“What makes GE Vernova outperform from here? The stock is up 5x from spin, and obviously the world appreciates the AI story a bit more today.”

According to the firm, strengthening artificial intelligence sector is a key driver for the company’s growth prospects, and that “the news just keeps getting better” regarding power demand.

Pricing power, the firm believes, is a significant factor, highlighting how “some of the price increases that follow the demand shock we are experiencing are hard to internalize.”

GE Vernova Inc. (NYSE:GEV) is a global energy company and a soaring AI stock driven by the demand for energy to power artificial intelligence technology.