Billionaire Investor Stan Druckenmiller and Insiders Are Piling Into These 5 Stocks

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1. Vertiv Holdings Co (NYSE:VRT)

Billionaire Stanley Druckenmiller’s Stake: $111,117,000

Vertiv Holdings Co (NYSE:VRT) provides infrastructure for data centers. The stock has gained about 80% year to date through March 25. Stanley Druckenmiller’s hedge fund owns a $111 million stake in Vertiv Holdings Co (NYSE:VRT). Chief Technology Officer and Executive Vice President of Vertiv Holdings Co (NYSE:VRT), Stephen Liang snapped up 35,001 shares of Vertiv Holdings Co (NYSE:VRT) on June 9, 2023, at $21.18 per share. Since then the stock has gained about 289%. The stock is in the limelight because of the AI revolution that is boosting the demand for data center-related products and services.

ClearBridge SMID Cap Growth Strategy stated the following regarding Vertiv Holdings Co (NYSE:VRT) in its fourth quarter 2023 investor letter:

“Within IT, AI trends continue to positively impact order trends at data center and technology hardware companies to the benefit of companies like Monolithic Power Systems, our top-performing holding during the quarter. Enthusiasm supplying power management for Nvidia’s AI GPUs supported both strong 2023 performance and a robust future outlook. This strong demand also translated into positive performance for industrials holding Vertiv Holdings Co (NYSE:VRT), a leader in power and thermal management and related tools and systems used by data centers. However, we continue to monitor the sustainability of such trends, as well as their valuations, on a case-by-case basis. As a result, we trimmed the position size of both of these investments, following strong stock performance.”

Should you invest $1,000 in Vertiv right now?

Before you buy stock in VRT, consider this:

The Insider Monkey Quarterly Newsletter just identified what we believe are the 14 best stocks for investors to buy now… and VRT wasn’t one of them. The 14 stocks that made the cut could produce monster returns in the next few months.

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