We recently released a list According to billionaires, 10 best new stocks can be purchased. In this article, we will take a look at where Ge Vernova Inc. (NYSE:GEV) is with other best new stock representatives to buy.
International IPO activities in the first quarter of 2025 are characterized by geopolitical shifts and serious uncertainty arising from changing tariff policies around the world. According to EY Global's April 10, 2025 report, the global IPO market remained stable in terms of quantity, but value grew by 20%. There were 291 IPOs in the first quarter of 2025, with a total value of US$29.3 billion. It is worth noting that the United States is the key player as it released its third Q1 performance, with a total of 59 lists. On the other hand, the Asia-Pacific market also showed signs of recovery, while the European Elderly region remained stable year-on-year.
The current global macroeconomic environment brings challenges and opportunities to global IPOs. For example, tariff policies and ongoing trade wars have raised inflation expectations and created uncertainty about monetary policy. On the other hand, geopolitical tensions have led to increased global budget spending, resulting in a surge in investment from the Department of Aerospace and Defense. EY Global's report expects a surge in IPO activity in the segment. In addition, the disruptive trends in artificial intelligence allow IPO candidates to use the technology to enhance their market strategies and products. According to the report, AI technology has begun to become an integral part of companies that operate in the financial, health and life sciences industries.
Although the number of IPOs in the U.S. market has increased by 51% compared to 2024, the future seems uncertain. George Chan, head of EY Global IPO, stressed that the growth in IPO activity in the first quarter is amid the optimistic market outlook at the beginning of the year. However, many companies planning to plan their IPOs in the first or second quarter of this year have delayed their public offerings until later or 2026. Chan suggests that it is important for investors to find companies with unshakable fundamentals, agility and adaptability to make the market uncertain.
To curate the 10 best new stock lists based on billionaires, we used Finviz Stock Filter and Insider Monkey’s Q4 2024 Billionaire Database. Using filters, we summarize a list of companies that have been published in the past two years. After sorting the list by market value, we rank each stock in the order of rising number of billionaires investors. We also added hedge fund sentiment around each stock. Please note that the data was recorded on April 25, 2025. Also, note that if two or more stocks have an equal number of billionaire investors, we use market cap as a hitter.
Why are we interested in stocks that hedge funds to accumulate? The reason is simple: Our research shows that we can beat the market by mimicking the top stocks of the best hedge funds. Our strategy for quarterly newsletters selects 14 small and large stocks every quarter, returning 373.4% since May 2014, beating its benchmark by 218 percentage points (See more details here).
Copyright: areeya / 123rf stock photos
Market value: US$98.39 billion
Number of hedge fund holders: 111
Number of billionaires: 20
Total value held by billionaires: $2,978,174,541
GE Vernova Inc. (NYSE:GEV) is a global energy technology company specializing in technologies that support the creation of sustainable electricity. The company operates through three main business areas, including electricity, wind and electrification. The company became after it rotated from GE in April 2024.
On April 24, William Blair analyst Jed Dorsheimer reiterated his buy rating for the stock. Analysts’ ratings are supported by the company’s strong market position and growth potential. It exceeded market expectations for fiscal 1 of 20025 and reiterated guidance for next year. This is particularly noteworthy due to the impact of tariffs. Additionally, Dorsheimer noted that while demand for electricity and electrification remains strong, the company has sold out gas turbine slots in 2028, and those orders have been extended to 2030. This provides a significant growth runway for the company.
GE Vernova Inc. (NYSE:GEV) released its second quarter results on April 23. The company's orders rose 8% year-on-year to $10.2 billion. This growth is driven by the power sector, with power-related orders growing organically by 28%. The company's backlog is stable at $4.4 billion, with 29 GW of gas equipment on the backlog. According to the billionaire, this is the best new stock.
Artisan Global Mostisher Fund lists the following content about GE Vernova Inc. (NYSE:GEV) Q4 2024 Investor Letter:
“This quarter includes GE Vernova Inc. (NYSE:GEV) and Oracle. Ge Vernova is a powerhouse, wind energy and electrification derivative of the former GE conglomerate. The company benefits from the large global market share in its business, high barriers to entry and substantial installation foundations that generate years of service revenue streams. Now that the company stands alone, we think it is an early inning of a turnaround story while benefiting from an attractive potential demand environment. As the world continues to decarbonize, demand for electricity, wind and electrification equipment is expected to drive attractive growth in the coming years. Our work on the meaning of growth and electrification of AI data centers strengthens our belief in GE Vernova this quarter, especially its natural gas business, which we believe will need to act as a bridge as technology companies try to balance AI data center growth with their decarbonization goals. ”
Overall, GEV Ranked first According to billionaires, among the best new stocks we buy. Although we acknowledge the growth potential of GEV, our belief is that AI stocks have higher returns in a shorter time frame and do this in a shorter time frame. AI stocks have risen since the beginning of 2025, while popular AI stocks have lost about 25%. If you are looking for more promising AI stocks than GEV, but their earnings are trading at less than 5 times the price, check out our report Cheapest AI stocks.
Read the next article: Buy 20 Best AI Stocks Now and According to the billionaire, there are now 30 best stocks.
Disclosure: None. This article was originally published in Inside monkey.