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Vertiv Holdings (VRT) Announces the Acquisition of BMarko Structures, Street Turns Bullish
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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 one of the Unstoppable Growth Stocks to Invest In According to Reddit. On April 13, Vertiv Holdings Co (NYSE:VRT) announced the acquisition of BMarko Structures, which is a US-based company that builds custom steel and wood frames for heavy-duty structures. Management noted that this deal targets the booming AI data center market. The company further elaborated that hyperscalers such as Nvidia require massive, custom data center infrastructure, including racks, frames, and enclosures that handle extreme power and heat. Vertiv Holdings Co (NYSE:VRT), with this acquisition, adds a manufacturing arm with in-house expertise for these specialized structural parts. As a result, the company will now be able to ensure faster deliveries, offer improved customization, and also scale its manufacturing further. Following the release on April 14, Exane BNP Paribas initiated a Buy rating on the stock with a price target of $345. On the same day, Oppenheimer also assigned a Buy rating to Vertiv Holdings Co (NYSE:VRT) and raised the price target from $270 to $320. Vertiv Holdings (NYSE:VRT) is an American multinational provider of infrastructure solutions. Its solutions are used in data centers, communication networks, and commercial and industrial facilities. Its portfolio includes power, cooling, and IT infrastructure and services. Vertiv Holdings operates under various brands and has footprints in more than 130 countries. 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: 7 Hot Growth Stocks to Invest in Right Now and 7 Ridiculously Cheap Stocks to Buy According to Wall Street Analysts. Disclosure: None. Insider Monkey focuses on uncovering the best investment ideas of hedge funds and insiders. Please subscribe to our free daily e-newsletter to get the latest investment ideas from hedge funds’ investor letters by entering your email address below.
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