When GE Vernova Inc. (GEV) CEO Scott Strazik sat down recently with Bank of America Securities analyst Andrew Obin and VP of Investor Relations Michael Lapides, the message was clear: execution matters, and right now the company has wind at its back.

Obin came away saying management is "laser focused on execution" while enjoying some serious cyclical tailwinds. Here's what stood out from the conversation:

Regulatory Environment Playing Nice: The federal regulatory stance is actually favorable for power and grid projects right now, which doesn't hurt when you're trying to build infrastructure.

Data Centers Are the Story: Gas power equipment orders in the fourth quarter so far include what management calls a "sizeable mix" of data center demand, and they expect that appetite to keep growing. The numbers back it up: GE Vernova secured 18 gigawatts of new gas power equipment bookings and slot reservation agreements this quarter, with data center orders representing more than a third of that haul.

Investing for What's Next: The company isn't just riding the current wave. It's investing in products specifically designed for data centers and fuel cells. Strazik sees a big opportunity in the upcoming transition from low voltage alternating current to high voltage direct current systems, which Obin noted could help the company "win initial customers" as that shift unfolds.

Obin maintained his Buy rating on the stock with a price target of $804.

Price Action: Shares of GE Vernova had declined 0.66% to $676.86 at the time of publication on Tuesday.