GEV拥有结构性护城河（5年涡轮机订单积压），但近期盈利不及预期（利润缺口22%）使其吸引力不如其他机会。

GEV is a strategic chokepoint. You cannot deliver turbines and grid equipment on a large scale before years of build-up. The deal still depends on the underlying tools. Ah, GEV. Remember now, Elon Musk has just begun building his own turbine blades for his own power, for his own data centers. Ah, because the waiting list for turbines is five years. GEV, GVernova, all of these... It's funny that we're seeing a new kind of artificial intelligence where its bets are tied to industrial things like turbines. What is interesting about this chart, without going into the financial data yet. Oh, they disappointed with the profits. This is not good. But it seems she likes this level five here and bounces off it. At least she did that for most of the year. This is the good news. It appears they were subjected to heavy selling, perhaps because they disappointed with their earnings. The price-to-earnings ratio is 25, so it's not expensive. Ah, the revenue exceeded expectations. This is the problem. They disappointed profit expectations by 22%. Perhaps that's why they suffered a severe blow. The question is, you need to delve into the quarterly reports and find out what the third quarter will look like. What is their seasonality? In fact, you can see their seasonality here. Ah, they do very well in the latter part of the year. As I said before, the fourth quarter is always strong, even for industrial companies. So yes, it could be a winning deal. Ah, that's from CD GEV? Yes. Ah, the thing is they're making the turbines as fast as they can and there's still a five-year waiting list , so they're safe, but I think there are better options.