Should You Retain Iron Mountain Stock in Your Portfolio Now?

Iron Mountain (IRM) is well-positioned to benefit from a stable and resilient core storage and records management business. The company's accretive buyouts and expansion efforts toward fast-growing businesses like the data center bode well for growth. However, competition from industry peers is likely to lead to aggressive pricing pressure and lower margins. High interest rates add to its woes. Last August, Iron Mountain announced the availability of a secure software-as-a-service platform - Iron Mountain I ...