The technology sector is making waves again, both in the stock market and on the political spectrum. This time around, the attention has centered on the growth of data center presence inside the United States, which creates many opportunities for companies exposed to artificial intelligence, cloud computing, and semiconductors in general.
However, it also creates a more subtle earnings growth pocket in those involved with building or leasing those data centers across the country, which is where today’s stock pick comes into play. Equinix Inc. (NASDAQ: EQIX) is a real estate investment trust (REIT) that controls and leases out data centers to major customers across the country, presenting a tremendous opportunity for the coming years.
