GE Vernova is a key player in the artificial intelligence investment theme, aiming to restore profitability in renewable energy. It’s the highest-rated company post-General Electric’s restructuring. The turnaround is evident in the enterprise value to EBITDA valuations, particularly in the power segment’s growth. The wind business is loss-making but promises future earnings.

Investors see GE Vernova as a response to AI application-led power demand growth. The backlog growth in Q3 indicates a long cycle of AI-led investment. The wind segment, though currently loss-making, is expected to become profitable in the future, supporting overall growth. Consider factors before investing, as it might not be a part of the best 10 stocks for potential high returns.

Despite GE Vernova’s past struggles, the wind business is evolving, with onshore wind showing profits and offshore wind transitioning to profitability. Management aims to return the wind segment’s EBITDA margin to 10% by 2028. Wind is crucial for supporting long-term growth in power and electrification sectors.

Read more at Yahoo Finance: 2 Things Every GE Vernova Investor Needs to Know