10 Trending AI Stocks Making Waves Today

3. Vertiv Holdings Co (NYSE:VRT)

Number of Hedge Fund Holders: 91

Vertiv Holdings Co (NYSE:VRT) is a worldwide leader in digital infrastructure technology and services for data centers, communication networks, and commercial and industrial facilities.

On November 20, TD Cowen lifted its price target for Vertiv Holdings Co (NYSE:VRT) from $115 to $141 and maintained a “Buy” rating on the stock. According to the firm, Vertiv has promising long-term growth prospects. The company’s continued momentum in the artificial intelligence revolution has led to its continued upside potential throughout 2025.

“We view Vertiv’s long-term guidance as the bull case scenario as it assumes no degradation in the hyperscale demand environment for a five-year period, to which we are skeptical. That said, we remain encouraged by demand strength heading into 2025 as our most recent channel checks suggest that hyperscale data center demand for at least three of the five major hyperscalers will be similar year on year in 2025, with one hyperscaler’s demand set to accelerate.”

-TD Cowen analyst Michael Elias said in a client note.