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Barchart
Barchart
Nauman Khan

1 Data Center Stock That Billionaire Philippe Laffont Is Buying Now

Vertiv Philippe Laffont Coatue Nvidia VRT

Data centers are the backbone of today’s cloud- and AI-driven economy, and stocks that supply the power, cooling, and racks that keep those servers running have become some of the market’s hottest plays. Investors chasing durable growth are rewarding companies that combine essential hardware with services and software that boost uptime and efficiency.

One such name drawing smart-money interest is Vertiv (VRT). Billionaire investor Philippe Laffont’s Coatue-backed fund (Coatue Management) disclosed a new stake in Vertiv in Q4, a move that underlines why growth investors are eyeing this niche. Vertiv pairs mission-critical power and advanced cooling hardware with analytics and lifecycle services, bolstered lately by the PurgeRite acquisition and strategic collaborations, including work with Nvidia (NVDA) on next-gen cooling for AI rigs. 

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