Reported 1 day ago
Vertiv Holdings Co (NYSE:VRT) has experienced significant growth due to increased demand for its critical digital infrastructure technologies, particularly in data centers powered by AI. The company's strong first-quarter results exceeded analyst expectations, and its stock gained 65.66% over the past year. The Alger Mid Cap Focus Fund highlighted Vertiv as a key investment, citing optimistic projections for sustained growth driven by the expanding AI market.
Source: YAHOO