Is It Wise to Retain Equinix (EQIX) Stock in Your Portfolio?
Equinix(EQIX) Zacks Investment Research·2024-04-13 01:21
Equinix’s (EQIX) portfolio is well-poised to benefit from the high demand for inter-connected data center space as enterprises and service providers continue to integrate artificial intelligence (AI) into their strategies and offerings and advance their digital transformation agendas. However, a competitive landscape from carrier-neutral data centers and a debt burden in a high interest rate environment raise concerns.What’s Aiding Equinix?In this increasing total addressable market for data centers, Equini ...