5 Best Under-The-Radar Stocks To Buy According To Hedge Funds

4. Vertiv Holdings Co. (NYSE:VRT)

Number of Hedge Fund Holders: 32

Vertiv Holdings Co. (NYSE:VRT) is one of the best under-the-radar stocks as the company is operating in a high-growth market. Vertiv Holdings Co. (NYSE:VRT) sells services and equipment for data centers. In October last year, the stock shot up after Jeff Smith’s Starboard Value revealed a 7.4% stake in the company via 27.8 million shares. A Bloomberg report said that the activist fund will be pushing the company for operational improvements.

A total of 32 hedge funds tracked by Insider Monkey reported having stakes in Vertiv Holdings Co. (NYSE:VRT). The total value of these stakes was $362 million.

Renaissance Investment made the following comment about Vertiv Holdings Co (NYSE:VRT) in its Q3 2022 investor letter:

“Vertiv Holdings Co (NYSE:VRT) was another strong performer after returning 62.9%. The company reported solid quarterly results and showed progress in managing through the raw materials inflationary environment that negatively impacted margins over the past several quarters.”