11 Hidden AI Stocks to Buy Right Now

2. Vertiv Holdings Co. (NYSE:VRT)

Number of Hedge Fund Holders: 92

Vertiv Holdings Co. (NYSE:VRT) designs, manufactures, and services critical digital infrastructure technologies and life cycle services for data centers, among other applications. The company’s AI-ready power, cooling, and IT infrastructure offerings are also designed to run AI workloads even during outages, which minimizes dependency on utility providers.

In Q1 2025, Vertiv’s net sales were up 25% year-over-year, partly due to the growth in its data center market. The backlog also expanded to $7.9 billion, which was up $1.6 billion year-over-year. The company is partnering with players like NVIDIA, as shown by the collaboration on the iGenius project to deliver fully prefabricated AI factories.

Bank of America Securities analyst Andrew Obin recently reiterated a Buy rating on the stock with a $165 price target. This sentiment comes from factors that highlight the promising long-term demand outlook for Vertiv Holdings Co. (NYSE:VRT). Despite the short-term challenges, the company’s growth in the Americas is a strong point.

Hardman Johnston Global Equity Strategy stated the following regarding Vertiv Holdings Co (NYSE:VRT) in its Q4 2024 investor letter:

“From a sector standpoint, the main drivers of the portfolio’s outperformance during the fourth quarter were Industrials and Materials. Within Industrials, Howmet Aerospace, Inc. and Vertiv Holdings Co (NYSE:VRT) were the largest contributors to outperformance. Vertiv has been a stellar performer for the past year and beyond. The global leader in data center thermal and electrical equipment continued to execute on its record backlog, with strong order flow largely related to AI-driven data center demand. Data center operators and hyperscalers are partnering with the company to develop next generation designs to optimize power and thermal efficiency. Vertiv’s global service network is uniquely positioned to help clients design and maintain these important data centers.”