Equinix: A Beaten Down Blue Chip Now In Bargain Territory
Equinix(EQIX) Seeking Alpha·2024-06-16 11:00
Sure, if you're content owning overweight stakes in the parts of the index that are working (namely, big-tech stocks and semiconductor names that are rallying on the back of AI momentum). But, if you're someone like me, who likes to stay well diversified and fancies an area of the market (real estate) that has been left behind by the AI hype train, then you're likely underperforming. Remember, the S&P 500 is a market capitalization weighted index, which means that the largest stocks will have an outsized im ...