3 Monster Stocks Worth Buying and Holding for the Next 5 Years
These three industrial suppliers are positioned to benefit from growing investment in data centers.
Overview
The artificial intelligence (AI) build-out is creating tremendous growth opportunities for quality industrial stocks. AI-focused processing and memory chips get the headlines, but companies that supply power and electrical systems for data centers can grow in value for years without the drama of who is winning or losing the chip race.
Dell'Oro Group expects worldwide data center spending to top $3 trillion by 2030. Vertiv (NYSE: VRT), Comfort Systems (NYSE: FIX), and Quanta Services (NYSE: PWR) are three industrial stocks positioned to reward patient investors.
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Originally published at www.fool.com.
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