11 Best European Stocks to Invest In

4. Trane Technologies plc (NYSE:TT)

Number of Hedge Fund Holders: 56

Year-To-Date Return as of June 26: 15.75%

Trane Technologies plc (NYSE:TT) is one of the 11 best European stocks to invest in. On June 10, Trane announced the expansion of its liquid cooling capabilities for data centers. As part of the initiative, the company introduced new scalable Coolant Distribution Unit (CDU) solutions with capacities ranging from 2.5 megawatts (MW) to 10 MW.

The new CDUs complement Trane’s existing 1 MW CDU, providing a broader range of direct-to-chip cooling solutions. According to the company, the expanded platform is designed to address the high-density computing needs of data centers, particularly those driven by the increasing demand for artificial intelligence (AI) workloads.

The company said that the new CDUs enable modular scalability. They are also optimized for high-density data centers, ensuring efficient heat transfer directly from IT equipment. Most importantly, the new platform offers up to 10 MW of cooling capacity in a space-saving, factory-skid-mounted design, which also facilitates ease of serviceability.

Trane Technologies plc (NYSE:TT) is a climate solutions company based in Ireland. It designs, manufactures, and services energy-efficient heating, ventilation, air conditioning (HVAC), and refrigeration systems. Its key brands are Trane (for buildings and homes) and Thermo King (for transport refrigeration). The company operates across the Americas, EMEA, and Asia Pacific.