Vertiv Thriving on AI, Cloud Trends

Vaseline2 weeks ago

0 2 minutes read

VRT designs, manufactures and provides power and room cooling solutions for data centers. The company is at the heart of computing infrastructure at scale, becoming a bigger player in both AI and cloud computing. The company opened a new manufacturing facility in South Carolina in September.

Vertiv grew its organic orders by 57% in the second quarter. It also raised its earnings performance expectations, with EPS expected to rise 46% in fiscal 2024 and 28% in fiscal 2025 to $3.31 per share. This after VRT increased its profit last year by 230%.

No wonder VRT shares have gained 114% this year – and could rise further. Based on MAPsignals data, investors are betting heavily on the stock’s anticipated outlook.

Big money buys Vertiv stock

Institutional volumes reveal a lot. Over the past year, VRT has enjoyed big buys by big money, which we believe is an institutional build-up.

Each of the green bars signals unusually high volumes in VRT stock, pushing the stock higher:

A lot of industry names are now in the pipeline. But when you get down to the basics, there’s a special tailwind with Vertiv.

Vertiv Fundamental Analysis

Institutional support, along with a sound fundamental background, makes this company worth investigating. As you can see, VRT has seen strong sales and EPS growth:

Source: FactSet

One-year EPS outlook is expected to grow by +28%.

Now it makes sense why the stock has reached new highs. VRT wins due to its strong financial performance.

Combining great fundamentals with our proprietary software has found some big winning stocks over the long term.

VRT has been a top stock at MAPsignals for a long time. That means the stock has unusual buying pressure and rising fundamentals. We have a ranking process that features such stocks weekly.

Over the past year, the rare Top 20 report has been published several times. The blue bars below show when VRT was a top pick… gaining value over time.

Tracking unusual volumes reveals the strength of cash flows.

This is a trait that most superstar stocks exhibit. Today’s cash flows often reveal tomorrow’s leaders.

Vertiv Price Prediction

The VRT rally is not new at all. Buying stocks with Big Money means paying attention. Given its historical share price gains and strong fundamentals, this stock could be worth a place in a diversified portfolio.

Disclosure: The author holds no position in VRT at the time of publication.

If you are a Registered Investment Advisor (RIA) or serious investor looking to take your investments to the next level, learn more about the MAPsignals process here.

This article was originally posted on FX Empire