Goldman Sachs’ 35 AI Superstars

12. Vertiv Holdings Co (NYSE:VRT)

Number of Hedge Fund Holders: 91 

Vertiv Holdings Co (NYSE:VRT) designs, manufactures, and services critical digital infrastructure technologies and life cycle services for data centers, communication networks, and commercial and industrial environments. This company stands out as a strong investment opportunity for a variety of reasons. Notably, as per the report for the third quarter of 2024, net sales were $2,074 million, 19% higher than the third quarter of 2023. In addition, an operating profit of $372 million shows an increase of 48% from the third quarter of 2023 and an adjusted operating profit of $417 million, increasing 41% from the third quarter of 2023. These metrics reflect the company’s significant growth and profitability, making it a great investment avenue. Moreover, the company’s AI-driven products, like Vertiv 360AI Portfolio, include power, cooling, and service solutions designed to address the complex challenges arising from the AI revolution, positioning the company as a notable player. Lastly, the company’s partnerships with leading chipmakers like NVIDIA and Intel enhance its market position, enabling it to meet the specialized demands of AI workloads.