5 Electrical Contracting Stocks to Buy for Data Hall Fit-outs

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1. Johnson Controls International plc (NYSE:JCI)

Short Percentage of Shares Outstanding: 1.49%

On May 13, Johnson Controls International plc (NYSE:JCI) completed its acquisition of Alloy Enterprises, a Boston-based developer of next-generation thermal management technologies for high-performance data centers and other mission-critical industrial applications. The acquisition enhances Johnson Controls’ data center cooling portfolio and strengthens its end-to-end thermal management capabilities. Management expects Alloy’s proprietary technology and manufacturing processes to improve efficiency and heat-transfer performance across a broad range of cooling applications, further complementing the company’s existing portfolio of advanced data center cooling solutions.

On May 7, RBC Capital raised its price target on Johnson Controls International plc (NYSE:JCI) to $154 from $139 while maintaining a Sector Perform rating on the shares. The firm highlighted the quality of the company’s second-quarter earnings beat, noting that its data center business helped drive 30% total company order growth and contributed to a record backlog of approximately $20 billion, representing 26% organic growth year over year.

Founded in 1885 and headquartered in Cork, Ireland, Johnson Controls International plc (NYSE:JCI) is a key player in data hall fit-outs. It supplies critical mission-critical data center infrastructure, including advanced thermal management, cooling systems, fire suppression, and building automation to regulate facility environments.

While we acknowledge the potential of JCI as an electrical contracting stock, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than JCI and that has 100x upside potential, check out our report about this cheapest AI stock.

READ NEXT: 12 Best Future Stocks to Buy Right Now and  9 Best Space Stocks to Buy According to Reddit and Social Media.

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