Is GE Vernova (GEV) a Good Investment Amid the Rise of Nuclear Energy?

GE Vernova Inc. (NYSE:GEV) brings together General Electric’s portfolio of energy businesses, including Power, Wind, Electrification, and Digital businesses. The company’s core business is manufacturing and servicing natural gas-powered turbines, which are seeing high demand as natural gas has emerged as the leading candidate to power America’s ongoing artificial intelligence boom.

Is GE Vernova (GEV) a Good Investment Amid the Rise of Nuclear Energy?

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GE Vernova Inc. (NYSE:GEV) received a massive boost earlier this month when the White House announced that the power equipment maker would export gas turbines and energy solutions totaling $14.2 billion to Saudi Arabia, as part of a broader $600 billion investment commitment. The company announced this week that it has secured an order for five 7H-Class gas turbines from Riyadh, which will play an important role in the Kingdom’s plan to generate half of its electricity from gas by 2030.

Moreover, GE Vernova Inc. (NYSE:GEV) stands to be the true winner amidst the American nuclear renaissance, following the signing of an executive order to quadruple the country’s nuclear energy capacity by 2050. GEV is one of a handful of companies with significant market share in nuclear reactors, with a special focus on SMRs, or small modular reactors. Though relatively smaller and simpler, these power plants are expected to be the next big thing in nuclear energy due to their affordability, versatility, and lower construction timelines. Vernova has already made a significant breakthrough in the business after it received permission in mid-2025 to begin construction on an SMR in Ontario that would be the first reactor of its type in the Western hemisphere, capable of powering roughly 300,000 homes.

While we acknowledge the potential of GEV to grow, 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 this cheapest AI stock.

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Disclosure: None.