Look at artificial intelligence stocks, like Nvidia (NASDAQ:NVDA), for example. Including Nvidia, here are even more top-quality stocks to buy now. Nvidia is the pioneering force behind AI. We also have to consider Nvidia is seeing massive growth with data centers – where it has 80% share of the market. All thanks to the massive, growing demand for AI GPUs. Source: Piotr Swat / Shutterstock.com "We believe the semi-demand upside from Apple can get bigger with its widening AI service, from a relatively low b ...

AUSTIN, Texas, July 10, 2024 /PRNewswire/ -- Digital Realty (NYSE: DLR), the leading global provider of cloud- and carrier-neutral data center, colocation, and interconnection solutions, today announced the acquisition of a highly connected colocation data center in the Slough Trading Estate for $200 million. The acquisition marks the company's entry into the west London submarket and complements existing colocation capabilities in the City and Docklands. The newly acquired campus features two individual da ...

Spotting read flags early can play a crucial role in protecting your portfolio. Today, I'm going to look into three stocks to sell. The stocks include two mortgage REITs and a data center REIT. Some investors may focus too heavily on a stock's dividend yield. I urge investors to take a look at troubling signs that may just send these stocks into a catastrophic plunge. Understanding the fundamentals combined with recent performance are two factors that go into investigating a stock. The mortgage REITs have a ...

Recent top stock upgrades from Wall Street analysts can often mean compelling long-term opportunities. When a widely-followed analyst raises the rating or price target on a company, investors pay attention. Such upgrades are usually based on a favorable change in the underlying business, an improving growth outlook or an attractive valuation. Digital Realty Trust (DLR) We start our discussion on top stock upgrades with the real estate investment trust (REIT) Digital Realty Trust (NYSE:DLR), which provides d ...

Loading... Although the company was heavily leveraged for much of 2023, the analyst believes its improved capital position following the Blackstone Inc. BX joint venture has positioned it well for the next two years. Last week, JP Morgan upgraded the stock to Overweight (from Neutral) and raised the price target to $175 from $150. Price Action: DLR shares are up 0.03% at $152.09 at the last check Monday. Loading... The analyst says he observes robust secular demand trends, propelled by AI and hyperscaler de ...

To participate in the live call, investors are invited to dial +1 (888) 317-6003 (for domestic callers) or +1 (412) 317-6061 (for international callers) and reference the conference ID #2977783 at least five minutes prior to start time. A live webcast of the call will be available on the Investors section of Digital Realty's website at https://investor.digitalrealty.com. Digital Realty brings companies and data together by delivering the full spectrum of data center, colocation and interconnection solutions ...

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 ...