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We recently published a list of 10 Firms Lead Rally on Impressive Q1 Earnings, Optimistic Outlooks. In this article, we are going to take a look at where Vertiv Holdings Co. (NYSE:VRT) stands against other top performers on Thursday.
The stock market ended strong anew on Thursday, with all major indices finishing in the green territory, as investor sentiment was bolstered by a flurry of corporate earnings supported by better-than-expected performance from the technology giants.
The tech-heavy Nasdaq led the rally among all major indices, finishing up 1.52 percent. The S&P 500 clocked in a 0.63-percent gain, while the Dow Jones was up by 0.21 percent.
Ten companies also mimicked the broader market optimism following impressive earnings performance and an optimistic outlook for the rest of the year.
In this article, we have identified the 10 top performers on Thursday and detailed the reasons behind their gains.
To come up with the list, we considered only the stocks with a $2-billion market capitalization and $5-million trading volume.
A close-up of a group of technicians working on complex data center systems.
Vertiv Holdings Co. (NYSE:VRT)
Vertiv Holdings surged by 8.4 percent on Thursday to end at $92.55 apiece as investors cheered the company’s impressive earnings performance in the first three months of the year, coupled with an optimistic business outlook.
In its earnings release, Vertiv Holdings Co. (NYSE:VRT) said it swung to a net income of $164.5 million in the period from a $5.9-million net loss in the same quarter last year.
Revenues jumped by 24 percent to $2.036 billion from $1.639 billion year-on-year.
“Vertiv’s strong first quarter results demonstrate our continued momentum and reinforce our position for long-term sustainable growth,” said Vertiv Holdings Co. (NYSE:VRT) CEO Giordano Albertazzi.
“We continue to see accelerated scaling of AI deployments across the data center market, with strong demand signals reinforcing both our near- and long-term growth outlook,” he added.
Assuming tariff rates remain constant throughout the year, the company believed that its diverse manufacturing footprint, operational flexibility, and commercial strategies “will progressively lessen the tariff impact as the year progresses.”
“Although the tariff environment remains fluid, our goal is to significantly mitigate the effect of tariffs as we enter 2026,” Albertazzi said.
Overall, VRT ranks 3rd on our list of top performers on Thursday. While we acknowledge the potential of VRT as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than VRT but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock.