Equinix: Stop Renting And Buy Your Own House

JHVEPhoto Last month, the world’s leading data center REIT, Equinix Inc. (NASDAQ:EQIX), reported fourth quarter and full-year results for FY 2023. In a previous article published in May, I pointed out that Equinix had managed to grow the top-line for 80+ uninterrupted quarters, the longest growth streak amongst S&P 500 companies. Quite naturally, that was the first line item I was interested in and, thankfully, it did not disappoint. Equinix reported Q4 revenue of $2.11B (+12.8% Y/Y), in-line with the W ...