Is Trane Technologies (TT) The Best Under-The-Radar AI Stock?

Published on May 21, 2026 at 12:21 pm by Fahad Saleem in News

We just covered the 10 Best Pick and Shovel AI Stocks to Buy for the Long Term. Trane Technologies (NYSE:TT) ranks #9 (see 5 Best Pick and Shovel AI Stocks to Buy for the Long Term).

Short Interest: 1.7%

Trane Technologies (NYSE:TT) makes heating, ventilation, air conditioning (HVAC), and cooling systems. It builds the systems that keep buildings and data centers cool, energy-efficient, and running properly. Its products include chillers, cooling plants, and now advanced thermal management systems used in large facilities like factories, commercial buildings, and increasingly AI data centers.

Trane Technologies recently raised its outlook amid strong demand for its commercial HVAC and data center businesses. In the first quarter, enterprise organic bookings jumped 24%, while backlog climbed to a record $10.7 billion, up more than 30% from year-end 2025.

Applied Solutions bookings at Trane Technologies surged more than 160% in the first quarter, which shows the level of demand AI is creating for Trane’s solutions. This business sells large commercial HVAC and cooling systems used in places such as data centers, hospitals, airports, factories, and office buildings. It sells products including chillers, cooling plants, air handling systems, ventilation equipment, and building automation systems.

Management also said Stellar Energy could become a $1 billion business within the next 2 to 3 years, which could become another growth catalyst for the stock. Stellar Energy designs and builds large-scale cooling and energy infrastructure systems for hyperscale data centers and industrial facilities, including modular chiller plants and central utility plants.