How to Buy Ge Vernova Stock
Ge Vernova Inc
Ge Vernova is a specialty industrial machinery company located in Massachusetts, United States, which is part of the Industrials sector, and is traded under the ticker GEV on the NYSE exchange.
Ge Vernova stock last closed at $167.87, up 1.35% from the previous day, and has decreased N/A in one year. It has underperformed other stocks in the Specialty Industrial Machinery industry by N/A percentage points. Ge Vernova stock is currently +41.07% from its 52-week low of $119.00, and -3.24% from its 52-week high of $173.50.
As of May 15, 2024, there are 274.09M shares of GEV outstanding. The market value of GEV is $46.01B. In the past 24 hours, 2.27M GEV shares were traded.
How to Buy Ge Vernova Stock
Wondering how to invest in Ge Vernova stock? Here's how.
- Figure out where to buy Ge Vernova stock: You need to choose an online brokerage, but don't worry - we've sifted through dozens of online stock brokerages and apps to help you determine where to buy Ge Vernova stock.
- Sign up for a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Fund your investment account: Pick your payment method and add your information.
- Research Ge Vernova stock: The Ge Vernova ticker symbol is GEV. Is Ge Vernova stock a good investment? Should you buy shares of GEV? How do GEV's underlying business fundamentals look? Do top analysts think Ge Vernova is a good buy? Why has GEV's stock price moved recently? (Hint: Our stock research website can help you decide if GEV is a good stock to buy).
- Make your GEV purchase: Decide if you will purchase GEV shares at the current market price or use a limit order to buy GEV stock at a given price.
- Keep an eye on your investment in GEV: Create a watchlist to important notifications about your position in Ge Vernova shares.
Step 1: Figure out where to buy Ge Vernova stock
You need a brokerage account to access the NYSE market and buy GEV shares.
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Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've selected the right brokerage, you need to fill out some personal information so you can buy GEV today.
How to Set Up a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal data to open your new brokerage account.
- Send your application by pressing the "Create Account" button. Get started with eToro today
Step 3: Fund your investment account
Now that you have filled out your info on the highest rated app to buy and sell stocks, you can securely and quickly fund your account:
Watch the walkthrough below if you need help depositing funds into your investment account.
Step 4: Research Ge Vernova stock
Once you have decided on the best place to buy Ge Vernova stock, it's very important to evaluate their stock prior to investing, so you truly understand the risk and upside.
Ge Vernova shares at a glance
GEV Due Diligence Checks
WallStreetZen was designed to help average investors perform more in-depth fundamental analysis in less time.
You can view all of the due diligence checks on GEV's stock page.
Is GEV stock undervalued or overvalued?
Analysts use many financial metrics, analyses, models, and charts to gauge GEV's true value.
Using relative valuations methods:
- GEV may be undervalued based on its P/B ratio of 5.13x, relative to Specialty Industrial Machinery industry P/B ratio of 5.25x
You can access more valuation research on GEV's stock here.
GEV Financial Health Overview
Signs that GEV is financially healthy:
- There are more short-term assets than long-term liabilities on the GEV balance sheet.
Signs that GEV is not financially healthy:
- There are more short-term liabilities than short-term assets on the GEV balance sheet.
- GEV has a relatively high debt to equity ratio of 4.22.
Do Wall Street analysts think it's a good time to buy GEV stock
Out of 8 Equities analysts who monitor GEV, the consensus analyst rating on GEV is a Strong Buy
Please note that analyst forecasts are not recommendations, nor are they investment advice.
Latest GEV Analyst Upgrades/Downgrades
Joe Ritchie, a top 8% analyst from Goldman Sachs initiates coverage on GEV with a strong buy rating and announces their GEV price target of $154.00, on Apr 16, 2024.
Goldman Sachs's Joe Ritchie initiated their coverage on Ge Vernova (NYSE: GEV) with a Strong Buy rating and a $154 price target.
Ge Vernova is well positioned to contribute to global electrification and decarbonization efforts, the analyst told investors.
Ritchie predicted that the largest opportunity will come from the growth in wind and improved profitability in the electrification business.
Christopher Dendrinos, a top 43% analyst from RBC Capital reiterates GEV with a buy rating and maintains their GEV price target from $160.00 to $160.00, on Apr 12, 2024.
Mark Strouse, a top 16% analyst from JP Morgan upgrades GEV to a strong buy rating and maintains their GEV price target from $141.00 to $141.00, on Apr 8, 2024.
You can dive deeper into what analysts are projecting on the Ge Vernova stock forecast page.
GEV Trading Indicators
Who is buying/selling GEV?
In the past 12 months, executives and large shareholders at GEV have not bought or sold any shares.
Research more about who owns GEV stock here.
Can I rely on GEV as an income stream?
No, Ge Vernova doesn't provide an income stream by paying out dividends.
GEV Social Trading Data
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Step 5: Make your GEV purchase
There are two primary options:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are mostly fine for most investors. - Limit order: A limit order lets you buy or sell a security at a specific price (or better).
If you want to make sure you're buying or selling at a particular price limit, use a limit order.
Click the Open button and your broker will execute the order.
If you need more info about investing in stocks on eToro, click the helpful video below:
Step 6: Keep an eye on your investment in GEV
Now that you own some GEV stock, you'll want to keep up with your new stock purchase.
Create a watchlist to track your GEV stock.
GEV Feed
How to Buy Stock in Ge Vernova
To reiterate, here are the 6 steps to buy stock in Ge Vernova:
- Figure out where to buy Ge Vernova stock
- Sign up for a brokerage account
- Fund your investment account
- Research Ge Vernova stock
- Make your GEV purchase
- Keep an eye on your investment in GEV
If you are looking for a place to buy stocks, eToro is our recommended venue.
Get Started with eToro TodayIf you want to keep an eye on your investment in Ge Vernova, create a watchlist today.
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