Why GE Vernova Stock Crushed it on Wednesday
Eric Volkman, The Motley Fool
Thu, September 17, 2026 at 2:56 AM GMT+3 2 min read
Wednesday was a forgettable day for many stocks, but GE Vernova (NYSE: GEV) was an outlier. The engineering company's shares bounced nearly 5% higher, on news of progress in a crucial project in which it's involved. That rise stood out on a day when the benchmark S&P 500 index slumped by 0.5%.
A powerful piece of news
Nuclear energy developer Blue Energy announced it had submitted the initial part of its application for a construction permit for a project in Texas. That application, filed with the U.S. federal government's Nuclear Regulatory Commission (NRC), covers the first small modular reactor (SMR) planned for a natural gas-and-nuclear power plant.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
That facility will supply power to artificial intelligence (AI) data centers in the region.
This matters for GE Vernova because the company will supply components for both the gas and, through a subsidiary, nuclear assets used in the facility. Although there's no guarantee that the NRC will approve the application, it's a significant step forward for the project.
Exquisite timing
It also burnishes GE Vernova's reputation as a go-to supplier of products for two distinct methods of power generation, one of which (nuclear) is seen as crucial for the build-out of AI compute assets. The company has had its ups and downs, but given that it's clearly well-positioned to capitalize on hot trends in energy generation, it's looking like the right business at the right time.
Should you buy stock in GE Vernova right now?
Before you buy stock in GE Vernova, consider this:
The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and GE Vernova wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years.
Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $420,109!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,303,689!*
Now, it's worth noting Stock Advisor's total average return is 938% — a market-crushing outperformance compared to 211% for the S&P 500. Don't miss the latest top 10 list, available with Stock Advisor, and join an investing community built by individual investors for individual investors.
*Stock Advisor returns as of September 16, 2026.
Eric Volkman has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends GE Vernova. The Motley Fool has a disclosure policy.
Why GE Vernova Stock Crushed it on Wednesday was originally published by The Motley Fool
Yorumlar (0)
Giriş yaparak yorum yazabilirsin.
İlk yorumu sen yaz.