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Barometer Capital Management highlights GE Vernova (GEV) in Q2 2026 investor letter, citing strength from gas turbine and grid backlog
Barometer Capital Management, an independent asset and wealth management firm, stated that GE Vernova's contribution to its Industrials portfolio was driven by the company's gas turbine and grid backlog. This backlog is supported by the multi-year build-out in electricity infrastructure, fueled by growing power demand from data centers and broader electrification. GE Vernova Inc. (NYSE:GEV) closed at $951.04 per share on September 09, 2026, with a market capitalization of $253.29 billion. The stock posted a one-month return of -9.37% but gained 49.97% over the past 52 weeks.
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