Vertiv Rises 62% Year to Date: Should Investors Buy VRT Stock?
Vertiv(VRT) ZACKS·2024-08-23 01:10
Vertiv (VRT) shares have surged 62.4% year to date (YTD), outperforming the broader Zacks Computer & Technology sector's return of 22.1% and the Zacks IT Services industry's gain of 2.4%. Vertiv offers cooling and power management infrastructure technologies primarily addressing data center providers. It is riding on strong AI-driven order growth. The growing focus on thermal management by data center providers bodes well for Vertiv. This has helped VRT outperform its industry peers over the same timeframe, ...