JPMorgan Chase Analyst Turns Bullish on Two Data Center-Related Stocks After ‘Significant Dip’ – And Billionaire Ray Dalio Recently Loaded Up on One
JPMorgan Chase analysts are optimistic about two data center-related stocks, Vertiv (VRT) and Johnson Controls (JCI), citing undervaluation and significant capital expenditures in the sector. Analyst Steve Tusa highlights VRT, which has seen a nearly 30% decline from its peak, and notes that billionaire Ray Dalio's Bridgewater has increased its stake in VRT by over 240%. JCI, focused on smart building solutions, is also favored, with its current stock price at $121.39.
The Daily Hodl·