Is GE Vernova Thriving on Growing Nuclear SMR Opportunities?
Key Takeaways GE Vernova is advancing its BWRX-300 SMR deployment through key partnerships in Canada, Europe and the UAE. GEV shares have soared 238.4% in a year, far outpacing the industry's 53.3% gain. GEV trades at a 175.3% premium to industry P/E, with rising sales estimates and improving bottom-line outlook.With increasing global demand for low-carbon energy sources, nuclear small modular reactors ("SMRs") are seeing increased adoption lately, thanks to their lower siting costs, shorter production ti ...