Jeff Marks will be watching GE Vernova’s next earnings report for continued strong turbine orders and pricing, two signals relevant to the company’s outlook and investor focus.
Marks, portfolio director for CNBC’s Investing Club, said the electrical business is another measure he will use to assess the report. He is looking for continued strong orders and pricing for the company’s heavy-duty gas turbines.
Cramer said the group added GE Vernova shares as stocks fell Thursday, citing strong demand from data centers. In earlier coverage, EconoTimes reported that GE Vernova shares had fallen almost 10% amid a broader slide in AI and semiconductor stocks.
GE Vernova is scheduled to report earnings next week.
