Why Vertiv Holdings Co. (VRT) Soared Last Week

We recently published a list of Why These 10 Firms Recorded Double-Digit Gains Last Week. In this article, we are going to take a look at where Vertiv Holdings Co. (NYSE:VRT) stands against other firms that recorded double-digit gains last week.

Ten companies finished the past trading week on a high note, outperforming the three major indices with double-digit gains amid a flurry of catalysts, including upcoming earnings releases, that sparked buying appetite.

Week-on-week, the Nasdaq rallied by 6.7 percent, the S&P 500 clocked in a 4.59-percent gain, while the Dow Jones was up by 2.48 percent.

In this article, we have listed last week’s top 10 performing stocks and detailed the reasons behind their gains. The stocks were chosen based on the highest percentage increase in closing prices on April 25 as against their prices on April 17, or the week prior.

To come up with the list, we considered only the companies with a $2-billion market capitalization and a $5-million trading volume.

A close-up of a group of technicians working on complex data center systems.

Vertiv Holdings Co. (NYSE:VRT)

Vertiv Holdings grew its share prices by 18.77 percent week-on-week to close at $86.95 on Friday versus the $73.21 finish on April 17, as investor sentiment was boosted by its strong earnings performance in the first quarter of the year.

In its latest earnings release, Vertiv Holdings Co. (NYSE:VRT) said it swung to a net income of $164.5 million from a $5.9 million net loss in the same period a year earlier, as net sales increased by 24 percent to $2.036 billion from $1.639 billion year-on-year.

Further contributing to the positive sentiment was the company’s bullish outlook, with a target of growing double digits for the second quarter and full year 2025.

According to the company, it expects net sales for the second quarter to increase between 19 and 23 percent to $2.325 billion to $2.375 billion. It also targets net sales for the whole year to jump organically by 16.5 to 19.5 percent to a range of $9.3 billion to $9.57 billion.

Overall, VRT ranks 9th on our list of firms that recorded double-digit gains last week. While we acknowledge the potential of VRT as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than VRT but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock.

READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.

Disclosure: None. This article is originally published at Insider Monkey.