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Vertiv Holdings Co. (VRT) Hit a 52 Week High, Can the Run Continue?
Have you been paying attention to shares of Vertiv Holdings Co. (VRT - Free Report) ? Shares have been on the move with the stock up 7.6% over the past month. The stock hit a new 52-week high of $116.41 in the previous session. Vertiv Holdings Co. has gained 125.6% since the start of the year compared to the 26.2% move for the Zacks Computer and Technology sector and the 9.2% return for the Zacks Computers - IT Services industry.
What's Driving the Outperformance?
The stock has an impressive record of positive earnings surprises, as it hasn't missed our earnings consensus estimate in any of the last four quarters. In its last earnings report on October 23, 2024, Vertiv reported EPS of $