The chart shows a nice uptrend since late May, and coming after a 2-year downtrend before peaking at $180. It's a recovery story. Is there enough interest for this to break above $120 to $140? Watch weekly closes, rather than daily closes, because there are five data points in a week.
(A Top Pick Dec 06/19, Up 22%) Carrier-neutral data centre. Now prefers Equinix. 12-month price target of $165.50, so there's still some runway.
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 like Google. The latter business has fewer barriers to entry and is far more competitive with less pricing power. He prefers Equinix's model.
This is a data centre play for big players (like Amazon) and is a REIT. It has had a recent pullback, so he is recommending it. They just bought a Dutch information services company and thinks this will be very positive. Yield 3.62% (Analysts’ price target is $133.00)
Digital Realty Trust is a American stock, trading under the symbol DLR-N on the New York Stock Exchange (DLR). It is usually referred to as NYSE:DLR or DLR-N
In the last year, 1 stock analyst published opinions about DLR-N. 1 analyst recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Digital Realty Trust.
Digital Realty Trust was recommended as a Top Pick by on . Read the latest stock experts ratings for Digital Realty Trust.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
1 stock analyst on Stockchase covered Digital Realty Trust In the last year. It is a trending stock that is worth watching.
On 2023-09-21, Digital Realty Trust (DLR-N) stock closed at a price of $124.77.
Buy in tranches with each increase of 0.25% in interest rates. Likes DLR.