Iron Mountain (IRM) Rises 53.4% YTD: Will the Trend Last?

Shares of Iron Mountain Incorporated (IRM) have gained 53.4% year to date compared with the industry's growth of 1.2%. This Boston, MA-based real estate investment trust (REIT) continues to benefit from its stable and resilient core storage and records management businesses, enabling it to ride the growth curve. It is likely to continue benefiting from the healthy revenue management and volume trends in the quarters ahead. The company's accretive buyouts and data center business expansion efforts are likely ...