Applied Digital (APLD), GE Vernova (GEV), and Dycom (DY) are the three data center-related companies that have more than 30% upside on Wall Street. These stocks are also rated a Strong Buy by analysts, according to TipRanks’ Compare Top Data Center Stocks tool.Introducing TipRanks MCP for Agents Deliver institutional-grade market data directly into Claude, ChatGPT, Cursor, and other MCP-compatible AI tools. Designed for personal research, portfolio monitoring, and AI-assisted investment workflows.
The three businesses provide critical infrastructure that helps to keep the AI innovation race alive.
Applied Digital (APLD)
Applied Digital is a Texas-based data center developer that is attracting attention on Wall Street. The company started out as a Bitcoin and Ethereum miner but has put its focus on developing capacity for AI workloads. This week, the AI cloud infrastructure company secured its third 15-year lease agreement with the same U.S.-based hyperscaler.
The company builds facilities it calls Applied AI Factories and has now contracted out 1.4 gigawatts of critical IT load across its five data center campuses, with $86 billion in total contracted lease revenue if all options are exercised.
