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2 Dividend Stocks to Buy for AI Exposure: VRT and DLR
VRTVertiv(VRT) ZACKS·2024-06-05 21:01

The company's earnings outlook has moved higher across all timeframes, with VRT expected to post nearly 40% year-over-year earnings growth in its current year. Vertiv has continued to capitalize on the AI frenzy, exiting its latest quarter with its highest backlog in company history totaling $6.3 billion. Shares currently yield a modest 0.1% annually, below the average of the Zacks Computer and Technology sector average. The company provided rosy guidance for its current fiscal year, upping its net sales gu ...