(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.
Ranking : 4 out of 5
Bullish - Buy Signals / Votes : 3
Neutral - Hold Signals / Votes : 0
Bearish - Sell Signals / Votes : 0
Total Signals / Votes : 3
Equinix, Inc. is a American stock, trading under the symbol EQIX-Q on the NASDAQ (EQIX). It is usually referred to as NASDAQ:EQIX or EQIX-Q
In the last year, 3 stock analysts published opinions about EQIX-Q. 3 analysts recommended to BUY the stock. 0 analyst recommended to SELL the stock. The latest stock analyst recommendation is PAST TOP PICK. Read the latest stock experts' ratings for Equinix, Inc. .
Equinix, Inc. was recommended as a Top Pick by Kim Bolton on 2020-03-31. Read the latest stock experts ratings for Equinix, Inc. .
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.
3 stock analysts on Stockchase covered Equinix, Inc. In the last year. It is a trending stock that is worth watching.
On 2020-06-03, Equinix, Inc. (EQIX-Q) stock closed at a price of $688.99.
(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.