How New Money’s view on $GEV changed

Channel profile →This channel has 3 credited speakers: Li Lu, Michael Bury (for the exit signal), Pershing Square1 entry
2026-10-02Bullish
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GEV benefits from rising US electricity demand; stock has surged and orders are growing rapidly.

Like Genova, for example, and that stock's gone nuts. You know, I'll pat myself a little bit on the back. I bought that stock really early. But but I I bought it because the sell side analyst I'm very friendly with told me I should buy it and I just took a flyer on it.

let me tell you, it's very interesting. So GE used to be composed basically of three massive divisions. healthcare, aerospace where they basically make the jet engines for planes and then they service them and then call it energy.

If you ever saw a jet engine and looked at at a gas turbine, which is what goes into a utility that creates electricity, they look exactly the same. It's just that the gas turbine is much bigger.

But it's basically the same technology. So the energy division of of GE makes gas turbines. They have all this electrical equipment that they sell and then they have a wind division which does terribly.