Nomura says selloff in GE Vernova, CG Power overdone

Nomura says selloff in GE Vernova, CG Power overdone — Broker Nomura has termed the recent selloff in GE Vernova T&D and CG Power as an overreaction, citing strong fundamentals and order visibility. The dip presents a buying opportunity ahead of upcoming earnings and order wins. Both stocks fell over 15% in the past week on broader market correction fears.
📊 STOCKS: GET&D, CGPOWER | 🏢 SECTOR: CapitalMarkets | #MEDIUMIMPACT #BrokerCall