GE Vernova, the power equipment company spun off from General Electric, exceeded sales and earnings expectations, boosting its stock by 14.8%. Analysts predicted $1.50 per share earnings and $8.8 billion in sales, but the company reported $1.88 per share earnings and $9.1 billion in sales for Q2. Sales grew 11%, with new orders totaling $12.4 billion. Management raised revenue, profit margin, and free cash flow guidance for the year. Despite positive results, the stock’s valuation is high at close to 50 times FCF. The Motley Fool’s expert analyst team revealed their 10 best stocks to buy now, prompting investors to consider GE Vernova’s potential. Stock Advisor’s total average return is up 1,034% vs. the S&P’s 180%, showcasing their successful track record. Don’t miss out on the latest top 10 list, available when you join Stock Advisor.

Read more at Yahoo Finance: Why GE Vernova Stock Soared Today