00:00 Jared Vanges
Jared Vanges here, Brooke DiPalma, join me here for a look at GE Vernova, Procter & Gamble and Gap. I’m going to start here with GE Vernova. Those shares taking a hit as it gets weighed down by doubts on the AI boom. So this one we we talked a lot about, Brooke. I mean it’s been it’s been seen as a as a smart AI related play. The stock’s been a rocket ship this year. It’s up around 90%, but it is getting hit in today’s trade. Yeah
00:23 Brooke
It’s definitely it’s down about 10% in this or late innings of today’s trading session. But what you just said is is really what I’m hearing from read work on the street. Keep in mind, the stock does have 27 buy ratings, about 10 holds and three sells on the street and so largely bullish on this stock. But what we do know is that even earlier this week, Evercore actually initiated their coverage on the stock with an outperform and they said there are three reasons why they’re buying the stock. They said growth is strong and well supported by a backlog in both power and electrification, margin expanding with operating leverage, pricing and productivity in both those factors as well, and shareholder returns are very well supported.
01:14 Brooke
And so to see this sort of take a step back, a back seat during today’s trading session, definitely speaks to the volumes that this fear around this AI boom definitely has, the implications it has for various other stocks, different than what we typically hear, you know, beyond just the Nvidia.
01:35 Jared Vanges
Looking at Procter and Gamble, that’s another name on our radar today. Jeffries gets bullish on that name as it lifts its buy rating, its rating to a buy. Uh that one, so Jeffries, they do go to a uh uh buy on that one. They like Church and Dwight by the way, also. Um P&G, they say they’re entering 2026 on firmer footing.
02:02 Brooke
Yeah, they said firmer footing. They said they have scale in category breadth. They’re also creating a strong platform for innovation led growth as well. Keep in mind this stock largely underperforming year to date. It’s down about 12%. Also, when you take a look at where exactly Wall Street, a bit of a mixed picture here. There’s 16 buy ratings, 12 holds, and zero sells. And I was reading a note from CFRA and they did say that their hold rating really reflects this risk reward as
02:30 Brooke
Procter & Gamble maintains that 2026 outlook and also this really promotional environment that’s causing market share losses. They too say that they expect P&G to really focus on innovation here to drive volume growth, also really try to understand where exactly they play within this picture as consumers are really picking and choosing where they want to go in this environment.
03:00 Jared Vanges
Finally, last but not least, Gap getting more love on Wall Street. That stock receiving an upgrade from not just one, but two firms, Telsey Advisory and Baird, both upgrading that name to Outperform. Uh, Baird’s saying here, uh, turnaround remains in the early to mid stages, momentum behind brand reinvigoration, company’s produced margin execution. Mo- most analysts do still like this one. 60% say it’s a buy, Brooke.
03:26 Brooke
Yeah, 12 buys, eight holds on the street right now for Gap. And really this is a turnaround story for the retailer. Or Telsey Advisor Group saying that they’re seeing improving results and increasing margin. Expectations reflect continued progress. Keep in mind though, we have that Gap, we have that Old Navy brand really outperforming the other brands. Athleta, that’s their athleisure brand.
03:49 Brooke
And similar to Lululemon, that company hasn’t really been doing too well. And so really that is the work in progress that Gap really needs to focus on here. Uh Telsey advisory Group acknowledging that in the note saying that that does remain a work in progress, but new leadership is expected to improve results over time. And so it seems like Wall Street’s willing to stick with this one and see where this turnaround goes.
04:15 Jared Vanges
All right. Thank you, Brooke. Appreciate it.