Digital Realty (DLR) Rises 9% Year to Date: Will the Trend Last?
Digital Realty Trust(DLR) ZACKS·2024-06-22 02:15
Shares of Digital Realty (DLR) , currently carrying a Zacks Rank #3 (Hold), have soared 9% in the year-to-date period against the industry’s decline of 8%.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 de ...