Is Vertiv (VRT) Stock a Smart Buy Before Q2 Earnings Report?

In the first quarter of 2024, orders jumped 60% year over year, while backlog surged roughly 33% to $6.3 billion. The trend is expected to have continued in the going-to-be-reported quarter. Zacks Investment Research Image Source: However, Vertiv stock is not so cheap as the Value Style Score of C suggests a stretched valuation at this moment. Vertiv is expanding capacity across liquid cooling, thermal, UPS, switchgear, busbar and modular solutions to accommodate AI-driven demand growth. It currently has 22 ...