Equinix, Inc. (EQIX)

(A Top Pick Jan 28/20, Up 12%) They host Google cloud, Amazon cloud and AT&T. Busy is booming. It's a growth vehicle, but growth stocks are currently out of favour. The price has pulled back, so it's a buying opportunity. He still likes it.

Equinix vs. Digital Realty They're both the largest US data centres. Equinix focuses on interconnection and co-location, housing thousands of businesses within the same business centre. Digital Realty focuses on hyperscale, which provides buildings and server racks for megacaps companies like Google. The latter business has fewer barriers to entry and is far more competitive with less pricing power. He prefers Equinix's model.

A data centre REIT. It facilitates companies like Facebook and Amazon to connect to each other. They own data centres across the globe. They recently bought assets from BCE. Niche REITs like this are good. With growing data demands, it should be a good investment.

He does not own DLR presently, but has in the past. They are involved in the data centre business. He currently owns EQIX, who partnered with BCE to manage their data centres. If you own DLR, stick with it. If you are looking at getting into the space, consider EQIX.

(A Top Pick Mar 04/19, Up 51%) It's getting close to his price target of $675. Is this a space to be in? It's a behemoth in data centres while there's massive growth in cloud--still early days of cloud. So, EQIX has competitive advantage in size, winning deals and keeping costs down. The trend to working at home is a tailwind. EQIX is the largest player in data centres in the world. Buy this in the $500s. MSFT uses EQIX as a storage facility. EQIX plays into the internet of things and macros tech trends, all tailwinds.

Big data recommendation? On the hardware side, you have the chip manufactures and communication companies. On the processing side, he recommends XLNX-Q. On the software side you have cloud and data analytics. He recommends EQIX-Q. He thinks there will be more consolidation. He also likes ADBE-Q.