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15 Best Data Center Stocks to Buy Now

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In this article, we will look at the 15 Best Data Center Stocks to Buy Now.

A century ago, railroads and oil pipelines defined economic strength. Today, that role is played by data centers. They power every online transaction, video stream, and AI application, quietly serving as the backbone of the digital economy. What used to be global competition for shipping lanes and oil fields has shifted to building stronger semiconductor supply chains and expanding data center capacity. The race seems to be no longer fought on land or sea, but in racks of servers and the megawatts that keep them running.

Considering the scale of investment pouring into the sector, this momentum is far from slowing. According to Jones Lang LaSalle’s (JLL) Global Data Center Outlook 2025, global capacity is projected to grow by roughly 15% annually between 2023 and 2027. Yet, even with this growth, demand is expected to outpace supply.

READ ALSO: 10 Best Large Cap Tech Stocks to Buy Now and 10 Best Big Tech Stocks to Buy Right Now.

The strategic importance of data centers was also one of the central themes at the Qatar Economic Forum 2025. Navid Chamdia, Head of Real Estate at Qatar Investment Authority (QIA), said AI could generate as much as half of all new cloud storage demand. However, the bigger challenge will be building capacity with adequate power, infrastructure partners, and skilled labor. Doug Adams, CEO of NTT Global Data Centers, and Marc Ganzi, CEO of DigitalBridge, added that AI adoption could push total investment in data centers to $1 trillion within four years, a growth rate far faster than the expansion of cloud computing.

With these factors in mind, we now turn to the 15 best data center stocks to buy now.

A panoramic aerial view of a modern data center with high-performance computing.

Our Methodology

To compile our list of the best data center stocks, we screened U.S.-listed companies that are either pure-play data center operators or have significant exposure to the sector, leveraging ETFs, industry research, and proprietary databases. From this pool, we selected the 15 stocks most widely owned by hedge funds, based on Q1 2025 filings from Insider Monkey’s database. These names were then ranked by the number of hedge funds holding positions.

Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here).

Note: All pricing data is as of market close on August 18, 2025.

15 Best Data Center Stocks to Buy Now

15. Applied Digital Corporation (NASDAQ:APLD)

Market Cap: $4.3 Billion

Number of Hedge Fund Holders: 26

Applied Digital Corporation (NASDAQ:APLD) is one of the best data center stocks to buy now. The stock has surged 114% year-to-date, fueled by accelerating demand for artificial intelligence (AI) and high-performance computing (HPC). This demand has elevated APLD’s position in the data center space and kept investor attention firmly on its growth pipeline.

That story gained an extra push on August 18, when the company unveiled plans for a $3 billion, 280-megawatt (MW) AI Factory near Harwood, North Dakota. The project, called Polaris Forge 2, will break ground in September 2025, with the first capacity expected in 2026 and full operations in early 2027. The announcement triggered a 16% rally in the stock by the end of the trading day.

Applied Digital already operates data centers in Jamestown and Ellendale, North Dakota, providing roughly 286 MW of hosting capacity. In addition, Polaris Forge 1, a 400 MW HPC campus, remains under construction and is scheduled to go live in 2025. Together, these projects significantly expand the company’s scale in an industry seeing rapid capital inflows.

Reflecting this momentum, George Sutton, an analyst from Craig-Hallum, raised his price target to $23 from $12 while keeping a Buy rating. In the note published on August 18, the analyst noted that private-market deals in the data center sector are being struck at multiples and capitalization rates that imply more upside for APLD than current trading levels suggest. In his view, the market has yet to fully price in the company’s project pipeline or the valuation benchmarks set by comparable transactions.

It is worth noting that the stock carries a beta of roughly 6.0, highlighting its high volatility. Investors may want to carefully weigh this risk before making any investment decision.

Applied Digital Corporation (NASDAQ:APLD) develops and operates digital infrastructure solutions and cloud services tailored to the HPC and AI markets across North America.

14. VNET Group Inc. (NASDAQ:VNET)

Market Cap: $2.1 Billion

Number of Hedge Fund Holders: 34

VNET Group Inc. (NASDAQ:VNET) is one of the best data center stocks to buy now. VNET is another pure-play data center operator that has seen a strong performance, up 64% year-to-date and an impressive 319% over the past year. No doubt, demand for capacity from the ever-evolving generative AI and high-performance computing (HPC) is at the core of this investor enthusiasm.

While the company is scheduled to report its results on August 21, expectations remain high, and analyst consensus is overwhelmingly positive. Analyst sentiment has been broadly supportive, indicating confidence in its investment case.

First of the two names that have recently published their optimistic reports is Yang Liu from Morgan Stanley. In a report released on July 22, the analyst maintained a Buy rating on VNET Group and raised the price target to $12 from $10.

Back in late June, Citi analyst Louis Tsang also reaffirmed his positive stance on VNET, keeping a Buy rating on the stock and a price target of $20, which is closer to the consensus high of $24. At that time, the company had raised its FY 2025 revenue and EBITDA guidance, which was already in line with Tsang’s above-consensus forecasts, reinforcing confidence in its operating momentum.

Tsang highlighted that VNET’s $50 million share repurchase could help stabilize the stock. He also cited upcoming projects such as B30, along with possible Hong Kong and C-REIT listings, as events that may drive further interest. In addition, he noted the company’s partnership with Shandong Highspeed on green power, which is expected to cut energy costs and support margin improvement for VNET and its clients.

Beyond these near-term drivers, Tsang emphasized VNET’s expansion of IDC capacity and its exposure to AI-related demand as important long-term growth levers.

Tsang’s bullish thesis has held up so far, as the stock has gained another 11% since his report. The 1-year median consensus price target for the stock stands at $12.2, which still indicates a substantial potential upside of 56% and further room for the rally to continue.

VNET Group Inc. (NASDAQ:VNET) is a leading pure-play data center provider in China, specializing in multi-carrier and multi-cloud internet data center (IDC) services.

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The $250 Trillion AI Hype is Real. A few years from now, you’ll probably wish you’d bought this stock.

When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.

Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.

At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.

Do the math. According to Musk, this technology could be worth $250 trillion by 2040.

Put another way, that’s roughly equal to:

  • 175 Teslas
  • 107 Amazons
  • 140 Metas
  • 84 Googles
  • 65 Microsofts
  • And 55 Nvidias

And here’s the wild part — this $250 trillion wave isn’t tied to one company, but to an entire ecosystem of AI innovators set to reshape the global economy.

It’s a leap so massive, it could reshape how businesses, governments, and consumers operate worldwide.

Even if that $250 trillion figure sounds ambitious, major firms like PwC and McKinsey still see AI unlocking multi-trillion-dollar potential.

How could anything be worth that much?

The answer lies in a breakthrough so powerful it’s redefining how humanity works, learns, and creates.

And this breakthrough has already set off a frenzy among hedge funds and Wall Street’s top investors.

What most investors don’t realize is that one under-owned company holds the key to this $250 trillion revolution.

In fact, Verge argues this company’s supercheap AI technology should concern rivals.

Before I reveal the details, let’s talk about how some of the richest people on the planet are positioning themselves.

  • Bill Gates sees artificial intelligence as the “biggest technological advance in my lifetime,” more transformative than the internet or personal computer, capable of improving healthcare, education, and addressing climate change.
  • Larry Ellison — through Oracle, is spending billions on Nvidia chips and partnering with Cohere to embed generative AI across Oracle’s cloud and apps.
  • Warren Buffett — not known for tech hype — says this breakthrough could have a ‘hugely beneficial social impact.

When billionaires from Silicon Valley to Wall Street line up behind the same idea — you know it’s worth paying attention to.

Even as we admire what Tesla, Nvidia, Alphabet, and Microsoft have built, we believe an even greater opportunity lies elsewhere…

But the real story isn’t Nvidia — it’s a much smaller company quietly improving the critical technology that makes this entire revolution possible.

And judging by what I’m hearing from both Silicon Valley insiders and Wall Street veterans…

This prediction might not be bold at all:

A few years from now, you’ll wish you’d owned this stock.

The best part? You can discover everything about this company and its groundbreaking technology right now.

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If you’re thinking about getting in, don’t wait – because once Wall Street catches wind of this story, the easy money will be gone.

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1. Head over to our website and subscribe to our Premium Readership Newsletter for just $9.99 a month.

2. Enjoy a year of ad-free browsing, exclusive access to our in-depth report on the revolutionary AI company, and the upcoming issues of our Premium Readership Newsletter over the next 12 months.

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AI, Tariffs, Nuclear Power: One Undervalued Stock Connects ALL the Dots (Before It Explodes!)

Artificial intelligence is the greatest investment opportunity of our lifetime. The time to invest in groundbreaking AI is now, and this stock is a steal!

AI is eating the world—and the machines behind it are ravenous.

Each ChatGPT query, each model update, each robotic breakthrough consumes massive amounts of energy. In fact, AI is already pushing global power grids to the brink.

Wall Street is pouring hundreds of billions into artificial intelligence—training smarter chatbots, automating industries, and building the digital future. But there’s one urgent question few are asking:

Where will all of that energy come from?

AI is the most electricity-hungry technology ever invented. Each data center powering large language models like ChatGPT consumes as much energy as a small city. And it’s about to get worse.

Even Sam Altman, the founder of OpenAI, issued a stark warning:

“The future of AI depends on an energy breakthrough.”

Elon Musk was even more blunt:

“AI will run out of electricity by next year.”

As the world chases faster, smarter machines, a hidden crisis is emerging behind the scenes. Power grids are strained. Electricity prices are rising. Utilities are scrambling to expand capacity.

And that’s where the real opportunity lies…

One little-known company—almost entirely overlooked by most AI investors—could be the ultimate backdoor play. It’s not a chipmaker. It’s not a cloud platform. But it might be the most important AI stock in the US owns critical energy infrastructure assets positioned to feed the coming AI energy spike.

As demand from AI data centers explodes, this company is gearing up to profit from the most valuable commodity in the digital age: electricity.

The “Toll Booth” Operator of the AI Energy Boom

  • It owns critical nuclear energy infrastructure assets, positioning it at the heart of America’s next-generation power strategy.
  • It’s one of the only global companies capable of executing large-scale, complex EPC (engineering, procurement, and construction) projects across oil, gas, renewable fuels, and industrial infrastructure.
  • It plays a pivotal role in U.S. LNG exportation—a sector about to explode under President Trump’s renewed “America First” energy doctrine.

Trump has made it clear: Europe and U.S. allies must buy American LNG.

And our company sits in the toll booth—collecting fees on every drop exported.

But that’s not all…

As Trump’s proposed tariffs push American manufacturers to bring their operations back home, this company will be first in line to rebuild, retrofit, and reengineer those facilities.

AI. Energy. Tariffs. Onshoring. This One Company Ties It All Together.

While the world is distracted by flashy AI tickers, a few smart investors are quietly scooping up shares of the one company powering it all from behind the scenes.

AI needs energy. Energy needs infrastructure.

And infrastructure needs a builder with experience, scale, and execution.

This company has its finger in every pie—and Wall Street is just starting to notice.

Wall Street is noticing this company also because it is quietly riding all of these tailwinds—without the sky-high valuation.

While most energy and utility firms are buried under mountains of debt and coughing up hefty interest payments just to appease bondholders…

This company is completely debt-free.

In fact, it’s sitting on a war chest of cash—equal to nearly one-third of its entire market cap.

It also owns a huge equity stake in another red-hot AI play, giving investors indirect exposure to multiple AI growth engines without paying a premium.

And here’s what the smart money has started whispering…

The Hedge Fund Secret That’s Starting to Leak Out

This stock is so off-the-radar, so absurdly undervalued, that some of the most secretive hedge fund managers in the world have begun pitching it at closed-door investment summits.

They’re sharing it quietly, away from the cameras, to rooms full of ultra-wealthy clients.

Why? Because excluding cash and investments, this company is trading at less than 7 times earnings.

And that’s for a business tied to:

  • The AI infrastructure supercycle
  • The onshoring boom driven by Trump-era tariffs
  • A surge in U.S. LNG exports
  • And a unique footprint in nuclear energy—the future of clean, reliable power

You simply won’t find another AI and energy stock this cheap… with this much upside.

This isn’t a hype stock. It’s not riding on hope.

It’s delivering real cash flows, owns critical infrastructure, and holds stakes in other major growth stories.

This is your chance to get in before the rockets take off!

Disruption is the New Name of the Game: Let’s face it, complacency breeds stagnation.

AI is the ultimate disruptor, and it’s shaking the foundations of traditional industries.

The companies that embrace AI will thrive, while the dinosaurs clinging to outdated methods will be left in the dust.

As an investor, you want to be on the side of the winners, and AI is the winning ticket.

The Talent Pool is Overflowing: The world’s brightest minds are flocking to AI.

From computer scientists to mathematicians, the next generation of innovators is pouring its energy into this field.

This influx of talent guarantees a constant stream of groundbreaking ideas and rapid advancements.

By investing in AI, you’re essentially backing the future.

The future is powered by artificial intelligence, and the time to invest is NOW.

Don’t be a spectator in this technological revolution.

Dive into the AI gold rush and watch your portfolio soar alongside the brightest minds of our generation.

This isn’t just about making money – it’s about being part of the future.

So, buckle up and get ready for the ride of your investment life!

Act Now and Unlock a Potential 100+% Return within 12 to 24 months.

We’re now offering month-to-month subscriptions with no commitments.

For a ridiculously low price of just $9.99 per month, you can unlock our in-depth investment research and exclusive insights – that’s less than a single fast food meal!

Space is Limited! Only 1000 spots are available for this exclusive offer. Don’t let this chance slip away – subscribe to our Premium Readership Newsletter today and unlock the potential for a life-changing investment.

Here’s what to do next:

1. Head over to our website and subscribe to our Premium Readership Newsletter for just $9.99.

2. Enjoy a month of ad-free browsing, exclusive access to our in-depth report on the Trump tariff and nuclear energy company as well as the revolutionary AI-robotics company, and the upcoming issues of our Premium Readership Newsletter.

3. Sit back, relax, and know that you’re backed by our ironclad 30-day money-back guarantee.

Don’t miss out on this incredible opportunity! Subscribe now and take control of your AI investment future!


No worries about auto-renewals! Our 30-Day Money-Back Guarantee applies whether you’re joining us for the first time or renewing your subscription a month later!