Ray Dalio Stock Portfolio: 10 Best Stocks to Buy

7. GE Vernova Inc. (NYSE:GEV)

Bridgewater Associates’ Stake Value: $379,621,591

GE Vernova Inc. (NYSE:GEV) is among the Ray Dalio Stock Portfolio.

On July 7, Barron’s said GE Vernova Inc. (NYSE:GEV) fell 6.5% Tuesday. Caterpillar and Cummins dropped 3.1% and 2.7%, respectively. This happened after Barclays downgraded German rival Siemens Energy to Sell from Hold, per FactSet. Siemens Energy slid 8.9% in overseas trading.

Barron’s said neither GE Vernova Inc. (NYSE:GEV) nor Cummins released company-specific updates, and Caterpillar’s acquisition of mining services provider Skycatch did not explain the broader selloff.

Barron’s said AI-driven demand has sparked valuations for power equipment makers. Barclays described the cycle as “exceptionally strong” while warning orders could eventually peak and weaken investor enthusiasm.

The report said GE Vernova Inc. (NYSE:GEV) and Siemens Energy traded at roughly 40 and 28 times forward earnings after strong share gains.

Despite Tuesday’s drop, Barron’s noted Wall Street remains constructive. Nearly 76% of analysts rate GE Vernova Inc. (NYSE:GEV) a Buy. Around 70% assign the same rating to Siemens Energy.

GE Vernova Inc. (NYSE:GEV) works in the electric power industry. It functions through Power, Wind, and Electrification segments.

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