Vertiv Holdings (VRT)

Activist Starboard Value recently bought some cloud computing companies including this. They supply data centres. Shares have been crushed with cloud computing stocks. He's followed this for a long time. They've been wrecked by supply chain problems, yet didn't raise their prices. The stock has been a disaster. However, the supply chain is getting better, and the stock will bounce back because of the CEO.

It went public via SPAC two years ago. Unlike most SPACs, VRT was profitable. However, today it reported very disappointing numbers and forecast. Shares fell 37% today. Execution, demand and the end market weren't the causes. Rather, raw costs spun out of control due to supply chain issues, and therefore couldn't sell enough product. It's an example of out-of-control inflation now.

SPACs to buy They sell hardware and software to data centres, communication networks and industrial facilities to keep their businesses running. They reported a strong quarter today, but this seldom dips.