The above button links to Coinbase. Yahoo Finance is not a broker-dealer or investment adviser and does not offer securities or cryptocurrencies for sale or facilitate trading. Coinbase pays us for certain activity generated through this link. Prices displayed are informational.

Vertiv Holdings Co (NYSE:VRT) is included among the Top 12 Dividend Stocks to Buy According to Billionaire Cliff Asness.

On June 18, GLJ Research analyst Austin Wang upgraded Vertiv Holdings Co (NYSE:VRT) to Hold from Sell. The analyst pointed to a recent breakthrough by CoolIt, which introduced a 15kW cold plate. According to Wang, the development extends the viability of Vertiv’s single-phase data center cooling solutions well into the 2030s.

Earlier, on June 10, Bernstein initiated coverage of Vertiv with an Outperform rating and a $416 price target. The firm noted that Vertiv manufactures power and cooling equipment for data centers and is “arguably the only pure-play with scale” in the sector. In a research note, the analyst said Bernstein’s fiscal 2028 estimates are materially above broader Wall Street expectations. The firm also cited Vertiv’s “robust earnings power” as a key reason for its Outperform rating.

Vertiv Holdings Co (NYSE:VRT) provides mission-critical digital infrastructure technologies and lifecycle services, primarily serving data centers, communication networks, and commercial and industrial customers.

While we acknowledge the potential of VRT as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT: Dividend Stock Portfolio: Top 10 Stocks to Buy According to Reddit and 12 Stocks From Companies Generating High Cash Flow

Disclosure: None. Follow Insider Monkey on Google News.