12 Stocks with Best Earnings Growth for the Next 5 Years

7. Vertiv Holdings Co. (NYSE:VRT)

5-Year EPS Growth Estimate: 30.41%

Number of Hedge Fund Holders: 104

Vertiv Holdings Co. (NYSE:VRT) ranks among the stocks with the best earnings growth for the next 5 years. On October 22, RBC Capital reaffirmed its $191 price target and Outperform rating on Vertiv Holdings Co. (NYSE:VRT) shares, pointing to the company’s third-quarter earnings that surpassed analyst projections and its positive impacts for other data center thermal and electrical companies.

The company reported an impressive 28.4% organic revenue growth, with the Americas segment bringing in a notable 43% organic increase. Orders increased by nearly 60% year-over-year in the quarter, with a book-to-bill ratio of 1.4x, while inventory hit $9.5 billion, up about 30% from a year earlier.

Following its performance, Vertiv Holdings Co. (NYSE:VRT) boosted its full-year EPS expectations by about 8% at the midpoint, putting it 7% above market estimates. In addition, the company raised its organic sales estimates to 26%-28%, above the average projection of 25.4%.

Vertiv Holdings Co. (NYSE:VRT) designs, manufactures, and services critical digital infrastructure technologies & life cycle services for data centers, communication networks, and commercial & industrial environments in the Americas, the Asia Pacific, Europe, the Middle East, and Africa.