15 AI Stocks to Watch: News and Analyst Ratings

Page 5 of 14

10. nVent Electric plc (NYSE:NVT)

Number of Hedge Fund Holders: 55

On November 21, KeyBanc Capital Markets maintained its “Overweight” rating on nVent Electric plc (NYSE:NVT) with a price target of $84.00. Nvent is another stock that stands to benefit from the AI infrastructure buildout. Its liquid cooling solutions work with the latest Nvidia AI server systems.

“The company is “collaborating with NVIDIA on NVL72 reference design architectures…We get the sense NVT’s partnerships/customer base with hyperscalers/co-locators/OEMs extend much deeper than the relationships already communicated.”

-KeyBanc

Page 5 of 14