Vertiv Expands CDU Product Line: Should Investors Buy the Stock?
Vertiv(VRT) ZACKS·2024-10-09 01:13
Vertiv (VRT) shares have surged 122.4% year to date (YTD), outperforming the Zacks Computers - IT Services industry and the S&P 500's return of 8.3% and 20.8%, respectively. VRT has also outperformed The Technology Select Sector SPDR Fund (XLK) ETF, which has gained 19.5% YTD. Vertiv's massive outperformance can be attributed to investors' confidence in Vertiv's innovative product portfolio, strong partner base and solid financials. On the product front, the company has been persistently increasing its offe ...