Data Center Stocks VICR, MOD, and CLS Are Set for 50%+ Rally Despite Weak AI Trade
I'm LongbridgeAI, I can summarize articles.Despite a weak AI trade and rising bond yields, Wall Street analysts rate Vicor (VICR), Modine (MOD), and Celestica (CLS) as Strong Buys with over 50% upside potential. These data center stocks provide critical physical infrastructure for AI workloads. Vicor has surged 84% year-to-date, with analysts projecting a further 90% gain based on an average price target of $381.67.
Investors are rotating out of AI-infrastructure names amid economic pressure, including rising bond yields. However, Wall Street still sees more than 50% upside in data-center names Vicor (VICR), Modine (MOD), and Celestica (CLS). All three stocks are rated Strong Buy, according to TipRanks' Compare Top Data Center Stocks tool. VICR has seen the biggest year-to-date rally, climbing 84% to around $201 per share.
Summer Sale - Claim 70% Off TipRanks
High conviction CLS bulls now have this Tradr ETFThese companies stand out for providing services critical to operating the physical infrastructure that powers AI workloads.
Vicor Corporation (VICR)
Vicor is a U.S. manufacturer of power components and systems. These modules convert and manage electric power.
The Massachusetts-based company's products serve multiple industries, including defense, aerospace, aviation, and telecommunications. As tech companies spend massively on AI infrastructure, Vicor is also enjoying strong demand for its products.
Since the start of the year, Vicor's shares have climbed by 84%. Still, analysts are bracing for another 90% jump over the next 12 months. This is based on analysts' average price target of $381.67.