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Markets · Investing · Business
Finance
2 Industrial Stocks Worth Watching
These under-the-radar stocks are powering the AI boom, and neither one makes chips.
Two industrial companies, GE Vernova(NYSE: GEV) and Vertiv(NYSE: VRT), offer what artificial intelligence (AI) cannot function without: electricity and cooling. While the flashiest names in AI grab the headlines, the safer bet often sits a layer down. Neither stock is cheap; on any meaningful dip, however, these are industrial names worth considering.
Image source: Getty Images.
GE Vernova was spun out of General Electric in 2024 and now builds machinery that moves electricity. One sector sells turbines and nuclear services that generate power, while another provides grid equipment that carries it to where it needs to go.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.
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