Tyler Crowe

So, you're going to start.

What was the company you saw and what was most interesting?

Yeah, I think all three of us picked something that was either directly or tangentially related to AI here because I went with GE Vernova, ticker is GEV.

Funny thing is, is not too long ago, this was considered like the problem child of the conglomerate that was General Electric.

You know, they had the great aerospace business, you had this really steady healthcare business, and then you had this electricity business that nobody really liked that much, but it's spun off.

And over the past year, GE turnover is up 253%, and hoo boy, there is a reason

first quarter free cash flow was more than all of its free cash flow in 2025.

And, you know, a lot of that had to do with bringing in a lot of revenue for its backlog.

It posted an incredible jump of $12 billion in basically unearned revenue.

That's just basically stuff that people have ordered and they want built sometime down the road.

It's just going to sit as unearned revenue cash just sitting on the books.

So it's this nice like injection of cash because there's going to be a big ramp up to do a lot of things that they want to do because total backlog,

for all of its segments.

So this is gas turbines.

It's nuclear reactors that it has a joint venture with Hitachi in Japan for.

Its wind turbines are actually growing.

Its grid and transmission equipment, stuff like that, it's all growing.

And right now its backlog is somewhere around $200 billion of work that it needs to do.

And this is a $300 billion company.

And it's basically busy for the rest of the decade.