GE Vernova Inc. (GEV): Billionaire Ray Dalio Admires This Energy Stock

GE Vernova Inc. (NYSE:GEV) is one of the 15 Best Stocks to Buy According to Billionaire Ray Dalio.

GE Vernova Inc. (NYSE:GEV) is a relatively recent addition to the 13F portfolio of Bridgewater Associates. The fund opened a new position in the stock in the second quarter of 2024. This consisted of around 73,000 shares. In the coming months, this holding increased in size, jumping to 778,000 shares in the second quarter of 2025. Dalio then proceeded to trim this by 16% in the third quarter of 2025 before buying up a small number of shares again in the fourth quarter of 2025. Filings for the fourth quarter of 2025 show that the fund owns 666,000 shares in the industrial firm.

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GE Vernova (GEV) Stock Soars on AI Energy Boom—UBS Targets $614

GE Vernova Inc. (NYSE:GEV) has become a hedge fund favorite because it is often considered a high-conviction industrial-tech play. In the context of the AI power demand supercycle, a dominant theme in hedge fund letters for 2026 is the physical constraint of AI: data centers need massive amounts of electricity. GEV is a primary beneficiary of this demand shock. An important note here for investors: GEV owns nearly 55,000 wind turbines and 7,000 gas turbines that help generate almost 25% of the world’s electricity. As hyperscalers like Amazon, Google, and Microsoft build out data centers, they are increasingly securing GEV’s gas turbines and grid equipment years in advance.

While we acknowledge the risk and potential of GEV as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than GEV and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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