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Investors undervalue AI earnings, missing growth in companies like GE Vernova and NVIDIA.

Market News
24 Jun 2026
24/7 Wall Street
View Source
Bullish
pluang ai news

Alger portfolio manager Dr. Ankur Crawford argues that investors are mispricing AI stocks by underestimating earnings rather than focusing on price-to-earnings ratios. She highlights companies like GE Vernova, which dominates the gas turbine market with soaring prices and record backlogs, and NVIDIA, which shows accelerating revenue and profit growth well above consensus estimates. This suggests that sell-side models are too conservative about AI-related earnings, creating opportunities despite high P/E multiples. The growing demand for data centers and power infrastructure underpins this trend, signaling strong fundamentals beyond stock price movements.

More News (GEV)

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