Reported 6 months ago
Despite the spotlight on tech giants like Nvidia, Microsoft, and Alphabet in the AI sector, smaller players such as Vertiv Holdings play important roles in AI infrastructure, particularly in data centers. Vertiv saw significant growth in revenue and margins in 2023, with soaring cash flow and stock repurchases indicating confidence in its undervalued position. While its high forward price-to-earnings ratio poses a risk, Vertiv's strong performance and increased demand for data center infrastructure position it as a potentially lucrative long-term investment.
Source: YAHOO