The artificial intelligence (AI) race could be beneficial to companies like Vertiv
Data center Vertiv Holdings Co (NYSE:VRT) is charging 2.9% higher to trade at $129.93 this morning, after landing an upgrade at Melius Research to "buy" from "hold." The brokerage said the company will benefit from supplying the power grids in the artificial intelligence (AI) race that seems to be "back on track."
VRT has been climbing higher on the charts since touching an April 7 annual low of $53.60. An added boost from the ascending 20-day moving average and a post-earnings surge now has the equity 13.5% higher for 2025 and almost 40% higher year-over-year.
Options are looking affordable as well. This is per VRT's Schaeffer's Volatility Index (SVI) of 51%, which sits in the 8th percentile of its annual range. This indicates options traders are pricing in low volatility expectations.
It's also worth noting that the equity has tended to outperform these expectations during the past year, per its Schaeffer's Volatility Scorecard (SVS) of 82 out of 100.