VRT - Vertiv: This Cooling Company Is Running Hot In The Data Center Market
2024-06-13 11:55:38 ET
Summary
- Vertiv Holdings Co manages and cools data centers, with strong prospects but carrying a fair amount of debt.
- Vertiv is expected to deliver stronger revenue growth rates throughout 2024, with potential for improved adjusted operating margins by 2025.
- Despite debt concerns, Vertiv's stock valuation at 19x next year's adjusted operating profits is seen as reasonable given its growth potential.
Investment Thesis
Vertiv Holdings Co ( VRT ) manages and cools data centers. The business is very well-positioned with strong prospects....
Vertiv: This Cooling Company, Is Running Hot In The Data Center Market