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We recently published a list of These 10 Firms Topped Wednesday’s Trading. In this article, we are going to take a look at where Vertiv Holdings Co. (NYSE:VRT) stands against other firms that topped Wednesday’s trading.
Wall Street’s major indices rebounded anew on Wednesday as worries about tariff policies and the Federal Reserve’s independence tapered off after President Donald Trump assured that he had no intentions of ousting Jerome Powell.
The Nasdaq surged by 2.5 percent, the S&P 500 rose by 1.67 percent, while the Dow Jones increased by 1.07 percent.
Ten companies mirrored the broader market optimism as optimistic investors resumed pouring funds into their stocks. In this article, we have identified Wednesday’s 10 best-performing stocks during the intra-day trading and detailed the reasons behind their strong performance.
To come up with the list, we considered only the stocks with more than $2 billion in market capitalization and $5 million in intraday trading volume.
A close-up of a group of technicians working on complex data center systems.
Vertiv Holdings Co. (NYSE:VRT)
Vertiv Holdings saw its share prices grow by 21 percent at intra-day trading before ending the day just up by 8.6 percent at $78 apiece as investors snapped up shares in the company following an impressive earnings performance in the first three months of the year.
During the period, VRT said it swung to a net income of $164.5 million from a $5.9 million net loss in the same period a year earlier as net sales increased by 24 percent to $2.036 billion from $1.639 billion year-on-year.
Looking ahead, VRT expects to book net sales between $2.325 billion and $2.375 billion in the second quarter of the year, or an organic growth of 19 percent to 23 percent.
Meanwhile, net sales in the full year were pegged at a range of $9.3 billion to $9.57 billion, or between 16.5 percent and 19.5 percent organic growth.
Overall, VRT ranks 4th on our list of firms that topped Wednesday’s trading. 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.
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Disclosure: None. This article is originally published at Insider Monkey.