GE Vernova Inc

GEV remains in a Stage 2 advancing corrective reset within its broader uptrend. Medium- and long-term biases are bullish, but the recent pullback into the 9- and 20-period EMAs calls for patience. A confirmed hold of the EMAs or shallow support interaction would offer a favorable entry for continuation participation under our High Momentum strategy.

• ↑Q1 orders soared 71% YoY to $163B backlog, plus $13B added.
• ↑Adjusted EBITDA rose 87% to $896M, margin +390bps on higher pricing.
• ↓Negative earnings yield and low book-to-price ratio suggest rich valuation.