Powering AI’s Future with GEV Now

Currently we are living through one of the greatest technological leaps that we will probably ever experience during our lifetime. I’m talking about the A.I. or Artificial Intelligence Revolution. Seemingly everywhere you turn, you’re going to hear something about A.I. and for good reason too! Here’s the thing though. These incredible advances that we are seeing related to A.I. require massive infrastructure buildouts in order to support them. To support these huge A.I. projects, countless new data centers are popping up all over the globe. Oh yeah, and not to mention the energy requirements needed to power this high octane A.I. computing. The energy requirements are frankly staggering.

Now, with such a massive infrastructure buildout underway, the opportunity lies in those companies that provide solutions and facilitate it. One company whose business is squarely in the middle of this buildout is GE Vernova, symbol: (GEV). This company not only produces a variety of energy generation solutions, but they also produce key materials for building electrical grids, both highly in demand to support A.I.! Because of this, GEV is one of my absolute favorite ways to play the A.I. Revolution trade! Let’s look at what the GEV chart is telling us.

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This is a monthly chart of GEV and we can see that GEV’s 1-Month Price has been trading above the 10-Month SMA ever since January. Following my PowerTrend rules, this was a clear sign to me that GEV was in the midst of a breakout and the trend not only had momentum but that it was also durable. This is a perfect example of a company whose business is in high demand and the technicals on the chart are also confirming the strong investor demand for this stock. When I spot a stock like this, this is exactly the kind of trade that I want to look to capitalize on.

While the technicals look very strong for GEV, I am aware that it has rallied quite a bit over the past two months. Certainly, the stock could continue moving higher from here so I want to gain exposure to it, however, GEV also could be due for a bit of a consolidation period after the recent leg higher. Keeping this in mind, I would look to trade GEV’s ‘Buy’ signal using my call option spread strategy. By doing this, my trade will have the ability to profit if GEV continues to rally, trade sideways, or even if the stock were to decline by 10.0%! Utilizing this strategy instead of a directional trade would give my trade a higher probability of ending up profitable.

Wishing You the Best in Investing Success,