Vertiv, an Ohio-headquartered electrical power equipment manufacturer crucial for data centers, has seen its shares surge by 1043% over the past five years. CNBC contributor and trader Mike Khouw believes the stock has further upside. Vertiv CEO Giordano Albertazzi noted strong, broad-based, and accelerating momentum during the Q2 '26 earnings call, where the company raised its full-year guidance, reported 24% net sales growth, and a 410 basis points expansion in adjusted operating margins. Khouw recommends a longer-dated call spread risk reversal options strategy, specifically the January 240/290/340 spread, priced close to "even".