This beaten-down data center stock could be worth a look, says Mike Khouw

United Rentals shares are trading at a forward earnings multiple below the broader market, according to CNBC contributor Mike Khouw, who argued the data center exposure makes the beaten-down stock worth a look. Khouw framed the setup as a chance to buy market-beating growth at a discount to the market's valuation. The bullish case rests on the equipment rental company's ties to data center construction, a demand driver that has weighed on or lifted shares depending on sentiment. Investors will watch whether the discounted multiple persists as data center spending trends and rental demand updates emerge.