Vertiv Plunges 20% in Three Months: Buy, Sell, or Hold the Stock?

Vertiv shares fell 20% in three months due to project delays and supply-chain issues, but the company reported strong Q2 results with 24% sales growth and 22.6% adjusted operating margin. Benefiting from robust AI infrastructure demand, Vertiv expects Q3 sales of $3.65B-$3.85B and adjusted EPS of $1.77-$1.83. However, the stock trades at a premium valuation (20.94X Price/Book) and faces stiff competition, earning a Zacks Rank #3 (Hold) rating.