Vertiv Holdings Co. (NYSE:VRT) is among the stocks projected to have the best earnings growth over the next 5 years. RBC Capital reaffirmed a $191 price target and Outperform rating after VRT’s third-quarter earnings exceeded expectations, benefiting other companies in the data center industry.

VRT reported a 28.4% organic revenue growth, with the Americas segment showing a significant 43% increase. Orders rose nearly 60% year-over-year, with a book-to-bill ratio of 1.4x and inventory reaching $9.5 billion.

Following its strong performance, VRT raised full-year EPS expectations by 8% at the midpoint, surpassing market estimates by 7%. The company also increased organic sales estimates to 26%-28%, above the average projection of 25.4%.

Vertiv Holdings Co. (NYSE:VRT) designs, manufactures, and services critical digital infrastructure technologies for various environments worldwide, including data centers, communication networks, and commercial and industrial sectors. The company operates in the Americas, Asia Pacific, Europe, Middle East, and Africa.

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Read more at Yahoo Finance: Vertiv Holdings (VRT) Boosts EPS Outlook After Q3 Beat, RBC Maintains Price Target