Bullish investors are betting on the success of GE Vernova, the energy spinoff of General Electric. Despite the lackluster performance of many corporate spinoffs, investors believe GE Vernova's focus on wind turbine production and powering data centers will lead to strong returns.
A study by Bain & Co showed that spinoffs have historically generated an average total investor return of 5.1% per year over three years, compared to the S&P 500's average annual return of 8.7%.
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