Why Billionaire Ken Fisher Went Big on GE Vernova (GEV)

GE Vernova (NYSE:GEV) was one of Ken Fisher's boldest bets in the second quarter. Fisher Asset Management is now GE Vernova's largest hedge fund holder, with a stake worth about $4.2 billion, or 1.25% of its portfolio, after raising it by 90,037%. GE Vernova ranks ninth in our list of his 10 best AI stocks. Click here to see the other nine picks. The AI boom has a power problem. A data center can line up chips, financing and customers long before it lines up dependable electricity, and GE Vernova builds the gas turbines, grid equipment and nuclear technology that supply it. See which 10 energy stocks could help solve the problem. Bull case Bulls point to a business that is growing in several places at once. Revenue rose 21.