I have now taken a long term position in VRT
My 12 month price target is $130-$135 based on continued best in class Computer/Server cooling systems that will be a major part of the AI data center infrastructure build out. THis company started this type of tech back in 1965, was acquired by EMR and then sold to Private Equity in 2016, then went public in 2020 as Vertiv Holdings.
Long term type of AI infrastructure play here in the power and cooling aspect of AI/Data Center build out.
High teens year over growth, extremely well run company and higher stock prices are in this company's future.
The stock has been beaten down this year and is down almost 7% today.