On the date of publication, Ian Cooper did not have (either directly or indirectly) any positions in the securities mentioned. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines. Ian Cooper, a contributor to InvestorPlace.com, has been analyzing stocks and options for web-based advisories since 1999. Digital Realty Trust (DLR) Source: tokar / Shutterstock The last time I highlighted an opportunity in Digital Realty Trust (NYSE:DLR), it trad ...

Digital Realty Trust Inc (NYSE:DLR) is up nearly 2% before the opening bell, after JPMorgan Securities upgraded the real estate investment trust (REIT) to "overweight" from "neutral." The analyst in coverage also lifted its price target from $150 to $175 -- a 17.7% premium to last night's close -- noting artificial intelligence (AI) advancement and cloud growth could benefit the REIT stock. Coming into today, Digital Realty Trust stock boasted a 35.7% year-over-year lead and a 10.5% gain. Despite that, nine ...

Shares of Digital Realty (DLR) , currently carrying a Zacks Rank #3 (Hold), have soared 9% in the year-todate period against the industry's decline of 8%. Let us decipher the factors behind the surge in the stock price. Its tenant roster includes several behemoths and investment grade, and numerous customers use multiple locations across the portfolio. This assures stable revenue generation for the company. For 2024, management expects total revenues to grow 2% and adjusted EBITDA to grow 4% at the midpoint ...

Digital Realty's (DLR) portfolio of data centers globally is well-positioned to benefit from the growing reliance on technology and an acceleration in digital transformation strategies by enterprises. A solid tenant base assures stable revenues. It also carries out various development and redevelopment activities, which is encouraging. However, competition in its industry and high interest rate environment remain concerns. High growth in cloud computing, the Internet of Things and Big Data and the elevated ...

Artificial intelligence (AI) is Wall Street's new obsession, with companies discussing the technology in a snowballing fashion and helping to keep market sentiment positive. Interestingly enough, there are several stocks investors can tap into for exposure, including Vertiv (VRT) , Digital Realty Trust (DLR) , and Iron Mountain (IRM) . For those interested in exposure to the technology, let's take a closer look at each. Vertiv Vertiv provides services for data centers, communication networks, and commercial ...

Erik Isakson/DigitalVision via Getty Images Summary In our initial report on Digital Realty (NYSE:DLR), we rated the shares a Hold on valuation. We believed they were "too expensive to consider a Buy", though we acknowledged that the near-term fundamentals of the DC market were too strong to allow significant underperformance. We have updated our valuation for the recent earnings release, which saw record leasing activity and favorable pricing trends. Despite the strong quarter, and continued strength of th ...

Digital Realty Trust, Inc. (NYSE:DLR) Nareit REIT Week: 2024 Investor Conference June 4, 2024 8:45 AM ET Company Participants Andrew Power - President and CEO Matthew Mercier - CFO Conference Call Participants Matthew Niknam - Deutsche Bank Matthew Niknam Okay, everybody can go ahead and please take their seats, we're going to go ahead and get started with what I believe is the first session of the day. I'm Matt Niknam, Common Infrastructure Analyst here at Deutsche Bank, for those who don't know me. We're ...

Digital Realty Trust, Inc. (NYSE:DLR) Nareit REIT Week: 2024 Investor Conference June 4, 2024 8:45 AM ET Company Participants Andrew Power - President and CEO Matthew Mercier - CFO Conference Call Participants Matthew Niknam - Deutsche Bank Matthew Niknam Okay, everybody can go ahead and please take their seats, we're going to go ahead and get started with what I believe is the first session of the day. I'm Matt Niknam, Common Infrastructure Analyst here at Deutsche Bank, for those who don't know me. We're ...

With growing, explosive demand for artificial intelligence, electricity demand could double by 2030, according to the Electric Power Research Institute. All of which is creating a big opportunity for some of the top energy stocks to buy. They added that AI quiries "require approximately ten times the electricity of traditional internet searches and the generation of original music, photos, and videos requires much more." According to the World Economic Forum, to achieve a tenfold improvement in AI model eff ...

There are plenty of underappreciated stocks on the market. Look at Viking Therapeutics (NASDAQ:VKTX), for example. When I first highlighted VKTX on June 22, 2023, it traded at just $22 a share. At the time, it was nearing Phase 2 trials, with Phase 1 already showing the VK2735 triggered feelings of fullness in the body, which can help lead to weight loss. Still, even with that news, the stock was unappreciated. Today, though, as its story and the weight loss treatment boom have become far more popular, VKTX ...