15 Best Blue Chip Stocks to Buy Now

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6. GE Vernova Inc. (NYSE:GEV)

Number of Hedge Fund Holders: 115

GE Vernova Inc. (NYSE:GEV) is an energy company that engages in the provision of various products and services that generate, transfer, orchestrate, convert, and store electricity in the United States, Europe, Asia, the Middle East, and Africa.

On April 9, Susquehanna analyst Charles Minervino raised the firm’s price target on GE Vernova Inc. (NYSE:GEV) from $820 to $1,080, while keeping a ‘Positive’ rating on the shares. The bumped target, which reflects an upside potential of almost 9% from the current share price, comes as the analyst firm revised its estimates and price targets in the alternative energy space ahead of the Q1 earnings season.

GE Vernova Inc. (NYSE:GEV) boasted a robust backlog of $150 billion at the end of 2025, with strong profitable order growth in Power and Electrification. The company updated its FY 2026 guidance in its last earnings call. It is now targeting a revenue of $44 billion to $45 billion for the year, up from its forecast of $41 billion to $42 billion. Similarly, GEV’s free cash flow guidance for 2026 was also increased to between $5 billion and $5.5 billion.

GE Vernova Inc. (NYSE:GEV) was also recently included in our list of the 15 Best Stocks to Buy According to Billionaire Ray Dalio.

While we acknowledge the potential of GEV as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than GEV and that has 100x upside potential, check out our report about the cheapest AI stock.

Click to continue reading and see the 5 Best Blue Chip Stocks to Buy Now.

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