Digital Realty Stock Gains 22.9% in 6 Months: Will the Trend Last?

Shares of Digital Realty (DLR) have soared 22.9% in the past six months compared with the industry’s growth of 10.1%.The rising demand for high-performing data centers amid enterprises’ growing reliance on technology and acceleration in digital transformation strategies has been one of the key forces driving the performance of data center real estate investment trusts (REITs) like Digital Realty.A solid tenant base assures stable revenues. It also carries out various development and redevelopment activities ...