Digital Realty Seems To Be Overvalued Following Q2 Earnings

Erik Isakson Digital Realty Trust, Inc. (NYSE:DLR) has reported a positive operating performance in recent quarters, but the AI hype has pushed its valuation into questionable multiples and its income-appeal is no longer enough to buy its shares. As I've covered in previous articles, I see REIT Digital Realty as a good income pick for long-term investors. This is due to its highly recurring business profile and positive structural growth tailwinds, which bode well for its business and dividend growth over t ...