10 Best Growth Stocks Under $100 to Buy Now

3. Vertiv Holdings Co (NYSE:VRT)

Number of Hedge Fund Holders: 92

Expected EPS CAGR in the next 5 years: 23.47%

Vertiv Holdings Co (NYSE:VRT) is a provider of critical digital infrastructure and services for data centers, communication networks, and industrial applications. Its product portfolio includes power management, thermal management, and IT infrastructure solutions designed to ensure reliability, efficiency, and scalability. VRT serves industries such as cloud computing, telecommunications, and enterprise IT, offering both hardware and software solutions alongside maintenance and consulting services. The company focuses on innovation in energy efficiency, sustainability, and edge computing to support the growing demand for digital connectivity, and operates globally, addressing the needs of hyperscale, colocation, and enterprise data center customers. The US-based company ranked fifth on our recent list of 10 Hot AI Stocks to Buy Now.

Vertiv Holdings Co (NYSE:VRT) demonstrated strong order momentum with trailing 12-month orders growing at 30% in 2024. The company expects book-to-bill to remain greater than 1x in 2025, indicating continued backlog creation. In terms of revenue mix, hyperscale and colo cloud represented approximately 50% of the company’s 2024 revenue, demonstrating strong market positioning in these segments. While facing some regulatory environment challenges and power headwinds in EMEA, the company maintains a positive outlook based on meaningful customer conversations and pipeline strength. In China, where VRT generates slightly less than 10% of revenue, the company operates as a local competitor with strong technology and supply chain presence, serving a broad spectrum of customers across enterprise, colo, cloud, commercial, industrial and telecom sectors.

Vertiv Holdings Co (NYSE:VRT) has been deliberately reducing lead times to enhance competitiveness while maintaining strong customer relationships that provide visibility into spending plans 2-3 years out. Regarding cooling solutions, VRT anticipates liquid cooling to constitute approximately 30% of the total cooling TAM at maturity, while maintaining that air and liquid cooling will coexist for the foreseeable future. The services business, representing 22% of revenue, is predominantly contract-based recurring revenue, supported by increasing digitization and telemetry capabilities. With strong momentum all over the world fueled by the AI megatrend, VRT is one of the best growth stocks to buy under $100.