VRT — All updates

Vertiv's sales rose by 24% compared to the same quarter last year . Most importantly, the company announced free cash flow of 925 million, an increase of 234% compared to the same quarter last year .

The fiscal year has started so well that the company's management team is raising its expectations for what they believe they can achieve this year. Also, as a result of increased demand, they are increasing capital expenditures because they see increasing demand for their products, so they want to provide more to meet that growing demand.

Today we will talk about one of my new favorite artificial intelligence stocks that I am currently following, which is the Vertiv stock, symbol (VRT). The reason I'm talking to you about this stock today is that I intended to include it in the " discounted stocks" series for September.