Update: Trade closed $138 $VRTOne of my best performing single name equities of 2024 - $NYSE:VRT. I've closed most of this trade because it has swollen to be a larger portion of my portfolio than was intended, i.e. portfolio rebalancing. I will keep VRT on my watchlist as a new leader in the AI infrastructure category and a YTD leader overall. I will shop for pullbacks to the 18, 21, and even 50 day moving averages, or a new pattern development -- the latter would take at least several weeks from now to form with enough duration for me to be interested.
My goal is to lock in this profit and to not give it back.
VRT
$VRT Head and Shoulders Failure Signal Note: I am LONG NYSE:VRT
A Head and Shoulders failure pattern occurs when prices break below the neckline, suggesting a potential reversal to an up-trend; however, the move lower does not gain traction. Instead, prices drift higher until trading above the previously defined Right Shoulder high.
My long entry triggers when price > right shoulder high, which invalidates the bearish setup, and signals a continuation of the up-trend as trapped short sellers are forced to cover. Often times, this amplifies the momentum in the move higher.
Past performance is not indicative of future results. Opinions are not positions, and vice versa.
Vertiv Holdings (VRT) AnalysisCompany Overview: Vertiv Holdings NYSE:VRT is strategically positioned to capitalize on the increasing demand for data center infrastructure, with a particular focus on edge computing and the expanding 5G networks. As companies across various sectors accelerate their digital transformation, Vertiv's role in providing critical infrastructure solutions, including liquid cooling technology, is crucial for the operation and efficiency of modern data centers.
Key Catalysts:
Edge Computing & 5G Growth: The rise of edge computing and 5G networks increases the need for efficient, reliable data center infrastructure, a core competency for Vertiv.
Critical Infrastructure Expertise: Vertiv's leadership in liquid cooling and other essential data center technologies will be increasingly in demand as data centers evolve and expand.
Energy Consumption in Data Centers: With U.S. data centers projected to account for a growing share of electricity consumption, Vertiv’s infrastructure solutions—designed to enhance energy efficiency and optimize operations—are expected to become even more vital.
Digital Transformation: The ongoing shift toward cloud services, AI, and machine learning will fuel greater data center demand, benefitting Vertiv’s business model.
Investment Outlook: Bullish Outlook: We are bullish on VRT above $89.00-$91.00, driven by its market-leading solutions in data center infrastructure and strong growth potential. Upside Potential: Our target range for VRT is $140.00-$145.00, reflecting the company’s strategic position in critical growth sectors like 5G, edge computing, and data centers.
🚀 VRT—Leading Data Center Infrastructure into the Digital Future. #DataCenters #EdgeComputing #5G
Vertiv Spikes 14.6% On Earnings Report Vertiv ( NYSE:VRT ) has ignited a market frenzy with its stellar earnings report, soaring 14.6% to unprecedented highs. While Vertiv ( NYSE:VRT ) isn't a direct player in the artificial intelligence (AI) sector, its pivotal role in providing critical infrastructure for data centers positions it at the forefront of the AI revolution.
With a staggering 79% surge in earnings and a remarkable 60% increase in organic orders, Vertiv's performance underscores the exponential growth in demand for data center solutions. This surge not only bodes well for Vertiv but also signals a broader trend in the AI market, benefiting tech giants like Nvidia (NVDA), Super Micro Computer (SMCI), and Broadcom (AVGO).
As AI applications continue to proliferate across industries, the need for robust data infrastructure becomes paramount. Vertiv's ascent reflects the indispensable role it plays in supporting the backbone of AI technology, positioning itself as an essential player in the digital transformation era.
Investors eyeing the AI sector should take note of Vertiv's meteoric rise, recognizing the symbiotic relationship between data center infrastructure and AI innovation. With Vertiv at the helm, the data center boom offers a compelling opportunity for growth-minded investors seeking exposure to the AI revolution.
Technical Outlook
Vertiv ( NYSE:VRT ) stock is up 14.36% trading above the 200-day Moving Average (MA) with a Relative Strength Index of 64 indicating bullish momentum and room for further growth.
VRT a run up into earnings?VRT has been on a tear lately and they are expected to have good earnings. Vertiv Holdings, LLC Class A Common Stock is expected to report earnings on 02/21/2024. Not financial advice, DYOR...
This is the facts according to Zacks.com
Vertiv Holdings Co. (VRT) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.
Shares of this company have returned +24.5% over the past month versus the Zacks S&P 500 composite's +6.5% change. The Zacks Computers - IT Services industry, to which Vertiv Holdings Co. belongs, has gained 11.9% over this period. Now the key question is: Where could the stock be headed in the near term?
While media releases or rumors about a substantial change in a company's business prospects usually make its stock 'trending' and lead to an immediate price change, there are always some fundamental facts that eventually dominate the buy-and-hold decision-making.
Earnings Estimate Revisions
Rather than focusing on anything else, we at Zacks prioritize evaluating the change in a company's earnings projection. This is because we believe the fair value for its stock is determined by the present value of its future stream of earnings.
Our analysis is essentially based on how sell-side analysts covering the stock are revising their earnings estimates to take the latest business trends into account. When earnings estimates for a company go up, the fair value for its stock goes up as well. And when a stock's fair value is higher than its current market price, investors tend to buy the stock, resulting in its price moving upward. Because of this, empirical studies indicate a strong correlation between trends in earnings estimate revisions and short-term stock price movements.
For the current quarter, Vertiv Holdings Co. is expected to post earnings of $0.53 per share, indicating a change of +89.3% from the year-ago quarter. The Zacks Consensus Estimate remained unchanged over the last 30 days.
For the current fiscal year, the consensus earnings estimate of $1.74 points to a change of +228.3% from the prior year. Over the last 30 days, this estimate has remained unchanged.
For the next fiscal year, the consensus earnings estimate of $2.22 indicates a change of +27.6% from what Vertiv Holdings Co. is expected to report a year ago. Over the past month, the estimate has remained unchanged.