VRT - Forget Nvidia: 1 Other Artificial Intelligence (AI) Data Center Stock to Buy Right This Instant
2024-07-17 09:45:00 ET
Artificial intelligence (AI) has undoubtedly played a big role in fueling positive market sentiment over the last two years. At the same time, investors should be aware that not all AI opportunities have the same potential. One pocket of the AI landscape that I think is particularly lucrative for long-term investors is data center services.
Data is increasingly becoming more important for business leaders to make more informed decisions. Moreover, generative AI applications for autonomous driving, large language models, and machine learning all rely on vast loads of data. While Nvidia has emerged as a darling in the data center arena, savvy investors know that other opportunities are out there.
Let's dig into why I see Vertiv Holdings (NYSE: VRT) as a compelling opportunity in the data center space and think right now is as good a time as ever to scoop up some shares.
For further details see:
Forget Nvidia: 1 Other Artificial Intelligence (AI) Data Center Stock to Buy Right This Instant