CNBC's Jim Cramer on Wednesday suggested that Vertiv 's red-hot business and stock may not cool anytime soon. Shares of the data equipment maker rallied 10% Wednesday after reporting first-quarter earnings before the bell. First-quarter organic orders were up 60% year over year while adjusted operating profit grew 42%. The company also reported a record-high backlog of $6.3 billion at the end of the quarter.
In this photo illustration, Vertiv Holdings Co logo is seen displayed on a smartphone and a pc screen.
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