Can nVent Electric Become the Next Vertiv?

nVent Electric is positioned as a potential next-generation investment opportunity similar to Vertiv's AI data center liquid cooling success. With a smaller market cap ($21B vs Vertiv's $80B), faster revenue growth (53% vs 24%), lower valuation (19.5 P/E vs 21.8 P/E), and a $2.5B backlog, nVent offers more room for expansion in the booming AI infrastructure market while maintaining positive free cash flow growth of 125% year-over-year.