The Latest Breaking News from EQIX

Digital Realty and Equinix are two high-yield, dividend-paying REITs that offer investors exposure to the highly lucrative artificial intelligence industry.

During periods of inflation, REITs often shine as they leverage the appreciating values of their properties. Yet, are Equinix (EQIX) and Welltower (WELL) fundamentally solid enough to merit consideration as ideal investments prior to their earnings release? Let's find out.

Citi analyst Michael Rollins noted data center stocks Equinix, Inc (NASDAQ:EQIX), Digital Realty Trust, Inc (NYSE:DLR), Cyxtera Technologies, Inc (NASDAQ:CYXT) were down an average of >5% on July 1 on reports (including Financial Times) that an investor is "betting against 'legacy' data centers that now face growing competition from the trio of tech giants that have been…

Equinix (NASDAQ:EQIX) has outperformed the market over the past 10 years by 3.14% on an annualized basis producing an average annual return of 13.99%. Currently, Equinix has a market capitalization of $57.25 billion.

The increasing demand for data centers amid the rising adoption of advanced technologies should drive the data center industry’s growth. So, we think one should consider buying shares of fundamentally sound data center company Equinix (EQIX). Conversely, we think Digital Realty (DLR) stock should be avoided for now because of…

Even with concerns growing that the spread of COVID-19 omicron infections and looming interest rate hikes could keep the stock market under pressure in the near term, we think REITs Equinix (EQIX) and Digital Realty (DLR) should attract the attention of investors that are seeking a steady income stream. But…