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Digital Realty Trust (NYSE: DLR)

DLR specializes in cloud computing, artificial intelligence, and the Internet of Things

Digital Realty is a leader in the data centre world with a market capitalization of $48 billion and about 9% of the global share for data centres. Its clients are a Who’s Who of the technology world, including Microsoft, Facebook, IBM, Apple. Google, and LinkedIn.

Wealth Builder

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Income Investor

Often a stock’s price does not reflect the company’s worth. Digital Realty has a good outlook and is well positioned to maintain its dominance. Yet, the current tariff carnage makes the outlook unclear for all stocks. Hold off new buying until conditions become clearer. - Adam Mayers

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DLR was first recommended here on October 6, 2019