|Bid||123.31 x 900|
|Ask||123.38 x 1000|
|Day's Range||122.88 - 123.94|
|52 Week Range||100.05 - 125.19|
|Beta (3Y Monthly)||0.58|
|PE Ratio (TTM)||113.05|
|Forward Dividend & Yield||4.32 (3.51%)|
|1y Target Est||N/A|
Though data-center demand surge will fuel Digital Realty's (DLR) growth, with the company also being well poised to bank on accretive buyouts and development moves, pricing pressure will linger.
Shares of CyrusOne Inc. , a date center real estate investment trust, rose more than 8% Friday, after a Bloomberg report that the company is exploring a sale after drawing takeover interest. The news sent rivals higher with QTS Realty Trust Inc. up 3.3%, Digital Realty Trust up 2.7%, CoreSite Realty Corp. up 2.9% and Equinix Inc. up 1%. Wells Fargo analysts said the report is likely true and there is a reasonable probability the company will be taken private by a group of private infrastructure investors. Among the reasons that a take-private deal would make sense for CyrusOne is that investors have been paying premiums for hyperscale assets compared with where they would trade in public markets, the analysts wrote in a note to clients. They tend to take a longer-term investment horizon and are less focused on quarter-to-quarter volatility and could lever up the company to enable it more aggressively expand in Europe and other international markets, said the note. "On the other hand, CONE itself has noted that large hyperscale customers prefer to work with other public companies and that their access to public capital should open up dramatically once they get a second investment-grade rating," they said. CyrusOne is trading at abut 19 times Wells Fargo's next twelve month EBITDA estimate, which compares with Digital Realty's acquisition of REIT DuPont Fabros Technology , which came at a roughly 20 times multiple. "CyrusOne in many ways deserves a premium over DuPont Fabros given it has a strategic international platform, less customer concentration than DFT (which had a large pending rent roll-down with Facebook) and a more diversified business model," said the note. "On the other hand, this would be an acquisition of significant size for a private infrastructure consortium, which could merit a slight discount (for instance, ZAYO sold at a notable discount to many smaller-scale fiber assets)." CyrusOne shares have gained 32% in 2019, while the S&P 500 has gained 15%.
Iron Mountain's (IRM) expansion of Phoenix data-center campus is a strategic fit as it is one of the largest data-center markets in the nation, enjoying lower costs and minimal natural disasters risk.
Digital Realty's (DLR) expansion of IBM Cloud's Direct Link access and capabilities in Sydney likely to speed up the hybrid cloud adoption for local enterprises.
By John Jannarone Colony Capital Founder & CEO Thomas Barrack to Step Aside Following Activist Blackwells Capital's Influence Strategy Shift from Digital Bridge Acquisition Indicates Colony is Worth at Least $12.74 per Share in Sum of the Parts Analysis Blackwells Capital Likely to Nominate an Additional Four Directors to Board Colony Capital Inc. has taken […]
Digital Realty Trust's (DLR) Q2 performance reflects solid demand for data-center facilities, encouraging the company to reaffirm its core FFO projections for the current year.
Digital Realty Trust (DLR) delivered FFO and revenue surprises of 0.61% and -0.98%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?
(Bloomberg Opinion) -- Hong Kong’s ambitions to be an international data-center hub are a potential casualty of the city’s mass protests. Privacy breaches stemming from a summer of clashes between demonstrators and police threaten to erode confidence in the city as a base for foreign companies to set up storage facilities. To alleviate concerns, the government needs to improve security and regulation in the handling of sensitive data.Last month, dozens of protesters were arrested after being treated in the emergency ward of a public hospital following battles with riot police. The city’s Hospital Authority subsequently denied leaking patient data – despite the discovery of an internal document labeled “for police” that listed names of protesters seeking medical treatment, according to the South China Morning Post. At around the same time, the personal information of more than 800 police officers was hacked and released online.Data centers are a fast-growing market, valued at $31 billion globally in 2017 and forecast by Zion Market Research to grow 14% annually to reach $105 billion by 2026. In Hong Kong, total revenue for data centers is expected to reach $1 billion this year, with three firms sharing 55% of the market: Japan’s NTT Communications Corp.; Sunevision Holdings Ltd., a unit of local developer Sun Hung Kai Properties Ltd.; and Silicon Valley-based Equinix Inc.The Hong Kong government has targeted the industry for growth, and the city has many advantages that make it an attractive location. The former British colony has a common-law legal system that’s recognized and trusted across the Western world, and its data-privacy laws are among the strictest in Asia. In addition, Hong Kong sits at the mouth of the Greater Bay Area, a grouping of 11 cities with a population of 69 million and annual GDP of $1.5 trillion that China plans to develop into an economic bloc. For multinationals, storing data in Hong Kong bypasses red tape and potential legal minefields in mainland China.Besides its legal system and geographic position, Hong Kong is well equipped with a highly reliable power supply – averaging only 1.5 minutes of unplanned power outages per year, according to one of the city’s two main electricity providers. This compares with 17 to 28 minutes in other major cities such as New York, Sydney and London. Consistent power enables strong broadband capacity and an established fiber-optic network. Another boast is Hong Kong’s low latency transfer in cloud computing – the speed at which information travels from place to place.The government has supported construction of data centers, by offering large financial incentives for companies to set up shop and specifying three locations to build such facilities. Unlike technology hubs such as Silicon Valley, these locations were intentionally set aside to accommodate the sector – no small feat, considering the diminishing supply of available land. Last year, Sunevision bought the last designated plot with a winning bid of $697 million – 45% higher than the estimate of Colliers International Group Inc., the South China Morning Post reported.The sale highlighted the perceived growth prospects for Hong Kong's data-center business. Companies such as Nvidia Corp. and Digital Realty Trust Inc. are also eyeing Hong Kong for expansion opportunities (though the city’s land shortages and red-hot property market may make that easier said than done).These advantages may count for little unless the government sustains confidence in the ability and willingness of authorities to protect data privacy. The leaking by hospitals of protesters’ identities – an apparently blatant privacy breach – caused widespread unease. In the case of the police hack, eight people were eventually charged with dishonest intent and criminal destruction. Still, the ease with which the intrusion took place shocked politicians and the public. Fears of further breaches could scare businesses away.Hong Kong needs to strengthen its data-security laws or risk international companies abandoning the city for more privacy-oriented locations, according to Padraig Walsh, a partner at legal firm Tanner De Witt who focuses on fintech and data privacy. Having been in the vanguard when it passed the Personal Data (Privacy) Ordinance in 1996, Hong Kong has been overtaken by jurisdictions such as the European Union, which adopted its General Data Protection Regulation in 2017, Walsh said.To remain competitive, the government should consider amending the Hong Kong ordinance to require data users to report breaches and to give the Privacy Commissioner stronger enforcement powers. Singapore will update its privacy laws next year, according to Walsh. If Hong Kong doesn’t adapt, companies will go elsewhere.(Ronald W. Chan and his firm, Chartwell Capital, do not hold positions in the companies he writes about for Bloomberg Opinion.)To contact the author of this story: Ronald W. Chan at email@example.comTo contact the editor responsible for this story: Matthew Brooker at firstname.lastname@example.orgThis column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.Ronald W. Chan is the founder and CIO of Chartwell Capital in Hong Kong. He is the author of “The Value Investors” and “Behind the Berkshire Hathaway Curtain.”For more articles like this, please visit us at bloomberg.com/opinion©2019 Bloomberg L.P.
Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Digital Realty Trust, Inc. New York, July 24, 2019 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Digital Realty Trust, Inc. and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.
While Digital Realty (DLR) will likely gain in Q2 from solid fundamentals of the industry and previous strategic acquisitions, aggressive pricing pressure remains a concern.
Digital Realty Trust, Inc. is a US$26b large-cap, real estate investment trust (REIT) based in San Francisco, United...
Paris offers bright prospects for Digital Realty (DLR), backed by its position as a key technology and interconnection center, and rapid growth of enterprise colocation and hyperscale customer demand.
Today we'll take a closer look at Digital Realty Trust, Inc. (NYSE:DLR) from a dividend investor's perspective. Owning...
It seems that the masses and most of the financial media hate hedge funds and what they do, but why is this hatred of hedge funds so prominent? At the end of the day, these asset management firms do not gamble the hard-earned money of the people who are on the edge of poverty. Truth […]
For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
Digital Realty Trust Inc NYSE:DLRView full report here! Summary * ETFs holding this stock have seen outflows over the last one-month * Bearish sentiment is moderate * Economic output for the sector is expanding but at a slower rate Bearish sentimentShort interest | NeutralShort interest is moderate for DLR with between 5 and 10% of shares outstanding currently on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Money flowETF/Index ownership | NegativeETF activity is negative. Over the last one-month, outflows of investor capital in ETFs holding DLR totaled $4.68 billion. Additionally, the rate of outflows appears to be accelerating. Economic sentimentPMI by IHS Markit | NegativeAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Financials sector is rising. The rate of growth is weak relative to the trend shown over the past year, however, and is easing. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to email@example.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
Digital Realty Trust (DLR) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Airbus Americas has sold a 13-acre property in Ashburn to one of the world’s largest data center providers for what appears to be a record price per acre. On the heels of its design-build lease deal for a new, 250,000-square-foot building in Sterling’s Northwoods Industrial Park, Airbus has dispatched 21780 Filigree Court to a subsidiary of San Francisco-based Digital Realty Trust LP (NASDAQ: DLR), according to public records. Land in the planet’s most competitive data center market has been selling for north of $1 million per acre for several years.
[Editor's note: This story was previously published in April 2019. It has since been updated and republished.]A real estate investment trust (REIT) is dedicated first to income. It is required to send 90% of earnings back to investors in the form of dividends. This means it's unusual to find REITs that also offer capital gains. But I've found REITs to buy whose prices tend to rise over time .Data Center REITs offer hosting, colocation and cloud on-ramps to enterprises and Internet Service Providers. They act as a sort of glue among the Cloud Czars, like Amazon (NASDAQ:AMZN) and Microsoft (NASDAQ:MSFT).InvestorPlace - Stock Market News, Stock Advice & Trading TipsIf you do a Google search for something and then buy it on Amazon, the request and response likely went through a data center owned by a REIT. The data centers hosted by REITs aren't all cloud-based, but they usually require connections to clouds.The colocation market alone continues to grow at 10% each year, driven by the needs of the Cloud Czars, according to Synergy Research. This was a $34 billion market last year.It's part of a larger trend in which the Cloud Czars are taking over the telecommunications market. * 7 Stocks to Buy for Over 20% Upside Potential If you're seeking both income and capital gains, you can find both in data center REITs. Here are some good data center REITs to buy Equinix (EQIX)Source: Shutterstock Equinix (NASDAQ:EQIX) was founded in Redwood City, California in 1998 and has focused on global services almost since its inception. It has a market cap of $40 billion, and last year delivered $9.84 per share in dividends to its shareholders.To a current buyer that's a yield of just 2.17%. But five years ago, the stock was trading at $172 per share. Yesterday it closed at $480. If you bought some shares five years ago, the current dividend would give you a yield of 5.75%. Plus, there's that capital gain, almost 30% per year, doubling what you would have gotten from the average NASDAQ stock.This is key to successful income investing. Don't just focus on the current yield. Let time work for you. If you're on the right side of a trend, you are almost certain to prosper.Last year, Equinix had revenue of $5.09 billion, up from $2.44 billion in 2014, and it brought $365 million of that to the bottom line. The asset base has more than doubled, to $20.24 billion, and while there is $9.44 billion in debt on those assets, the debt-to-asset ratio has been improving.Equinix continues to grow its international footprint, most recently with a new Australian center. Its DC1 building in Virginia was the first large greenfield center to open, 20 years ago, back when such centers were mainly selling themselves as a way for corporations to speed data flows for things like video conferencing, or as alternatives to the Network Access Points (NAPs) that then dominated internet switching.Equinix is not a huge acquirer, its most recent buy being Metronode in 2017. But that means that other companies' shareholders aren't getting a big chunk of your gains and that the stock isn't being watered down with new shares.All this makes Equinix one of the best data center REITs to buy. Digital Realty Trust (DLR)Source: Shutterstock Digital Realty Trust (NYSE:DLR) was formed as a public company in 2004 out of 21 data centers acquired out of bankruptcy by GI Partners, a private equity firm. It now has 214 centers with 34.5 million square feet of rentable space in the U.S. and Europe.As of yesterday's close it had a market cap of $26 billion, and last year delivered $4.32 per share in dividends to investors. That's a yield of 3.55%. Add a 19% one-year gain in the stock price and you get a total return of about 22%. Over the last five years, the stock is up 137%, and if you bought in 2014, when the price of the stock was about $60 per share, your current yield is about 7.2%.In 2018, Digital Realty had revenue of slightly over $3 billion, with net income of $341 million, meaning 11% of revenues became net income. The company's assets are worth over $23.7 billion, with $11.1 billion in debt, a slight improvement over 2014. Operating cash flow has also doubled.The company's biggest deal came in 2017, a $7.8 billion agreement to buy DuPont Fabros Technology. But the company quickly came back for more, buying Ascently, based in Brazil, last year for $1.8 billion. The company also broke ground last month for its third center in Singapore. * 7 Stocks to Buy for Over 20% Upside Potential Brad Thomas of iREIT Investor notes that, while Digital Realty is an aggressive acquirer of data centers, it doesn't account for acquisitions aggressively, which means it's not stressing its balance sheet at the expense of the long term. Thomas calls Digital Realty's global footprint a big advantage, and its size let it carry $236 million of empty land in fast-growing northern Virginia on its balance sheet. CoreSite Realty (COR)Source: Todd Van Hoosear via Flickr (modified)CoreSite Realty (NYSE:COR) is much smaller than Equinix or Digital Realty, with a market cap of $5.3 billion. CoreSite was born from two "telecom hotels," as they were called then, in 2001, in San Francisco. It was then called CRG West, and the location was where Internet Service Providers hooked into phone networks, and where enterprises could go for big bandwidth.CoreSite went public in 2009, and then began expanding internationally, starting in London. Its early expansion was funded by the Carlyle Group, a private equity firm. They reduced their interest to about 29% in 2016.The small size of CoreSite Realty, relative to Digital Realty and Equinix, does give it some big advantages, in the form of capital gains. The shares are up about 270% in the last five years, while quarterly dividends have tripled from 36 cents per share in 2014 to $1.10 now. That dividend yields a fat 4%.CoreSite is the right stock for you if you're mainly looking for exposure to the U.S. internet market. It is, like the other REITs, a great long-term holding. It's expected to raise the dividend again, to $1.29 per share, later this month. It bills itself as offering "hybrid cloud solutions," with its close connections to big clouds like Amazon and Microsoft, and colocation services for enterprises building their own cloud systems. QTS Realty Trust (QTS)Source: Gothopotam via Flickr (Modified)Smaller market caps can deliver big gains, as CoreSite shows, but there are downsides. A strategic shift can take a stock down hard.QTS Realty Trust (NYSE:QTS) made that kind of shift in 2017, moving from managed services to being a "cloud on-ramp." The company insisted the new plan would mean big new opportunities, but these have taken time to develop, with repeated misses on earnings estimates taking a toll on the stock.QTS began life in Kansas, in 2003, expanded into Atlanta through a 2005 acquisition, and now has 25 data centers with 5.7 million square feet of rentable space. QTS went public in 2013 and has since doubled in price, while the quarterly dividend has also doubled to its current 44 cents. That represents a yield of 3.91%, and the company's market cap stands at $2.82 billion. * 7 Stocks to Buy for Over 20% Upside Potential There are opportunities here, both in the success of its strategy shift and its continuing weakness, which could make it a prize for a larger company. A single transaction can transform an investor's play from the weakest stock on the block to a big stake in one of the strongest. CyrusOne (CONE)Source: Shutterstock Like QTS Realty Trust, CyrusOne (NASDAQ:CONE) is an underperforming company that is said to be attractive to acquirers. CyrusOne's weakness comes from its history of being privately held.CyrusOne wasn't publicly traded until 2013. Founded in 2001, it was bought by private equity players ABRY Partners in 2007 and then by Cincinnati Bell, a small phone company, in 2010. It went public in 2013 and by 2015 Cincinnati Bell had sold out its stake.The company today has 45 data centers, mostly in the U.S., but it also has operations in Europe and Singapore. It expanded into Europe through the 2018 acquisition of Zenium for $442 million.A business that began with small warehouses in central cities, where phone exchanges interconnected, is now built on finding big parcels of empty land near where cloud giants intend to build. A modern data REIT must acquire land and build ahead of demand, competing with other REITs, private equity companies trying to build new REITs from scratch and the cloud owners themselves.Some speculators are betting CONE will be acquired, which keeps the price of the stock up.Dana Blankenhorn is a financial and technology journalist. He is the author of a new mystery thriller, The Reluctant Detective Finds Her Family, available now at the Amazon Kindle store. Write him at firstname.lastname@example.org or follow him on Twitter at @danablankenhorn. As of this writing he owned shares in AMZN. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 7 Stocks to Buy for Over 20% Upside Potential * 5 Large-Cap Stocks Holding Steady Amid Trade War Concerns * 7 ETFs for Healthy Healthcare REITs Compare Brokers The post 5 Data Center REITs to Buy That Deliver Sizable Income appeared first on InvestorPlace.
If you're like most people, when you think about the best stocks to buy in the technology sector, you immediately conjure up growth names. More to the point, you're dialing up speculative upstarts. These publicly traded companies could change the world as we know it. Or, they could end up like so many poorly planned cryptocurrency-related projects.I'm not just speaking subjectively or through narrow, anecdotal examples. For example, the average employee age in some of the top companies in Silicon Valley is 30 years or younger. This dynamic doesn't give a lot of room or time for people to break into this industry. Thus, many sector investments are marketed as stocks to buy now. After all, who knows what's going to happen tomorrow with these "opportunities."At the same time, tech is such a broad market. While the sexy, flash-in-the-pan stuff grabs headlines, those with longer-term outlooks (such as retirees) have many options here. In fact, some of the best stocks to buy now are intricately tied with technology.InvestorPlace - Stock Market News, Stock Advice & Trading TipsSure, you can go with the more traditional names associated with retirement strategies. However, tech firms appeal as some of the best stocks in the markets because they'll likely be relevant. For instance, I'm not 100% sure that car manufacturers will represent a good investment 20 years down the line. But companies that specialize in automotive sensors and optics? That's a no-brainer! * 10 Baby Boomer Stocks to Buy So with that, let's take a look at the seven best stocks to buy in tech that are also perfect for retirement. International Business Machines (IBM)Source: Shutterstock Peruse the internet and you'll come across several ideas pitching best stocks to buy in tech. International Business Machines (NYSE:IBM), despite its legacy as a top-tier innovator, doesn't rank highly today. That's hardly surprising given its troubles competing with younger rivals. Also, IBM stock hasn't exactly inspired prospective buyers.That said, IBM currently sports a robust 4.8% dividend yield, which certainly catches the eye. The common criticism, though, is about sustainability. To be sure, Big Blue has had difficulty transitioning to the new tech environment. But what I like here is that management isn't laying down. Instead, they're embracing the challenge.Consider the $550 million partnership between IBM and Vodafone (NASDAQ:VOD) to address the wholesale transition to connectivity, the cloud and artificial intelligence. The company already has a head start in the latter segment with its Watson platform. It has evolved from a Jeopardy! gimmick to a full-fledged AI system. AT&T (T)Source: Shutterstock In many ways, telecom giant AT&T (NYSE:T) is emblematic of the U.S.: it's big, bold and has wide-ranging problems. Sure, T stock initially attracts investors, particularly those planning for retirement, due to the very generous 6.7% dividend yield. However, like our country, AT&T is saddled with an unprecedented amount of debt.Most conservative investors look at that and take a beeline for the door. Further adding to the troubles, management has made some business-deal whoppers, and I'm not speaking positively. As a result, AT&T has ramped up its already massive debt, and due to telecom competitiveness, has few growth opportunities. * 7 Stocks to Buy that Lost 10% Last Week But just like America, you wouldn't choose to live anywhere else. Here's the bottom line: breaking into the elite levels of telecom is next to impossible. AT&T levers the massive infrastructure necessary to make the technologies of tomorrow possible. Thus, you can trust this company as one of the top tech stocks to buy for retirement. Digital Realty Trust (DLR)Source: Shutterstock For some of the best stocks to buy for retirement are real-estate investment trusts like Digital Realty Trust (NYSE:DLR). By law, these investments are obligated to distribute 90% of taxable income to shareholders. Currently, DLR stock sports a dividend yield of 3.7%.But what does a REIT have anything to do with tech stocks? The answer is that Digital Reality specializes in housing massive data centers and servers. As our increasingly connected economy moves toward the cloud, the space necessary to store hardware comes at a premium.Because of this dynamic, DLR really sells itself among tech stocks to buy. Barring extremely unusual circumstances, the digital economy will continue to centralize hardware needs to specialized warehouses. Therefore, we can expect to see increasing demand, making this a safe pick well into the future. Texas Instruments (TXN)Source: Shutterstock Tech stocks levered toward the semiconductor industry have generated headlines recently, and for the most part, not the good kind. Geopolitical pressures which have apparently just worsened with on-again-and-off-again tensions between the U.S. and China, have pressured tech firms. Even the usually reliable Texas Instruments (NYSE:TXN) has felt some heat recently.But if you've got a long-term outlook with your stocks to buy, I wouldn't get discouraged with TXN stock. In fact, quite the opposite: Texas Instruments is likely experiencing a temporarily bearish reaction due to the negative print. On their side, though, TXN is straight-up flying, presenting a solid beat for its fourth quarter of fiscal 2018 earnings report. * Top 7 Dow Jones Stocks of 2019 -- So Far TXN stock also has a viable path forward once we work out this geopolitical mess. Order volume for its next-generation 5G-network related products is increasing, which is hardly surprising given the company's sector leadership position. Iron Mountain (IRM)Source: Shutterstock Admittedly, Iron Mountain (NYSE:IRM) isn't the most appealing name among best stocks to buy in tech. Certainly, it doesn't attract conservative-minded investors who are seeking companies for retirement-planning purposes. Over the last few years, IRM stock has gyrated between ecstasy and despair. Generally, though, shares have tilted negatively.So why mention IRM stock? Fundamentally, the underlying tech firm has an extremely relevant business. Currently, the organization emphasizes its cloud-computing and data-server divisions, in addition to cybersecurity. With high-profile digital data breaches occurring with alarming frequency, it's not rocket science to understand why IRM is important.In addition, I think investors tend to overlook its legacy businesses, including physical-document destruction. This seems like an anachronistic sector, yet companies keep paper records for security and as back-ups. When they no longer need these sensitive documents, IRM provides the scale to service this demand efficiently. 3M (MMM)Source: Shutterstock Speaking of physical documents, this is a great segue to discuss 3M (NYSE:MMM). Inarguably, 3M's biggest claim to fame is its ubiquitous Post-it Notes. Simple and yet shockingly effective, a small piece of paper with a sticky end catapulted this organization to worldwide recognition. And in this dizzying pace of digital innovation, 3M stock is still relevant.How so? Consider what happens when technology fails. It's actually alarming how easy it is for our digital networks to collapse on a moment's notice. Failure can stem from individual mistakes, such as dropping and breaking a device to infrastructural disasters, such as blackouts. In all these cases, the only alternative is "analog technologies," which 3M specializes in. * 10 Retirement Stocks That Won't Wilt in a Bear Market Beyond that, 3M has solutions for a wide range of industries, including electronics, communications, healthcare, even mining. Given this broad coverage, it's almost impossible for MMM stock not to be relevant in the future. And if you're still not convinced to put 3M on your list of best stocks to buy, just look at its 3.3% dividend yield. American Tower (AMT)Source: Shutterstock American Tower (NYSE:AMT) stands out, both as a viable name in tech, as well as one of the best stocks to buy now. However, on the surface, it doesn't seem that way. With the underlying firm specializing in cell towers, AMT stock wouldn't seem to get much mileage in the 5G era. After all, 5G uses shorter waves that don't require the company's hulking behemoths.But that thinking isn't quite right. For starters, the 5G rollout won't begin in earnest until next year. And even then, we're talking relative baby steps. Businesses and residential communities must transition to the new platform, which requires upgrading physical components. As a result, we'll still have substantial use for 4G technology. That's why AMT is one of the stocks to buy now.But once 5G does start transitioning broadly, AMT is still relevant. Due to its prior-generation wireless projects, the company has valuable real estate to accommodate 5G-specific transmitters. And don't forget that American Tower has a dominant presence worldwide. Developing nations will take time to catch up, providing more opportunities.As of this writing, Josh Enomoto was long AT&T stock. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 7 Stocks to Buy that Lost 10% Last Week * Top 7 Dow Jones Stocks of 2019 -- So Far * 5 Service Stocks That Can Win the Trade War -- According to Goldman Sachs Compare Brokers The post 7 Tech Stocks to Buy That Are Also Perfect for Retirement appeared first on InvestorPlace.
One thing is certain. In volatile markets, income is a great alternative. And real estate investment trusts (REITs) are delivering some of the best returns in the space. What's more, that outperformance should continue for a long time to come, with the perfect blend of slow growth and low interest rates in the US.Because these REITs are U.S.-focused, it also means that they're not vulnerable to external forces for their further successes. I did some digging and found seven high-yield REITs that will pay you inflation-beating yields while they also grow their asset values. These are some of the top names in the business that are in the best sectors for growth well into the future. * 10 Baby Boomer Stocks to Buy These picks are also smart, conservative ways to play sectors like tech, healthcare and the bond markets. And they all get top ranks from my Portfolio Grader for timeliness, as well as strength.InvestorPlace - Stock Market News, Stock Advice & Trading Tips High-Yield REITs That Will Pay You: Arbor (ABR)Arbor Realty Trust Inc (NYSE:ABR) is a unique REIT in that it doesn't own properties as much as it finances properties. Its specialty is multifamily and senior housing as well as healthcare and diverse commercial properties.While it only has a $1 billion market cap, this is actually a great advantage for growth investors looking for a serious income kick. Because it's relatively small, it's leveraged to growth - and the REIT sector is growing fast.For example, year to date, ABR stock is up nearly 30% and in the past 12 months it's up over 40%. But the kicker is, it's still trading at a P/E of 9.If that isn't enough for you, it's delivering a whopping 8.2% dividend, even after all that growth. Realty Income (O)Realty Income Corp (NYSE:O) is one of the founding REITs in the market, established in 1969. Another unique aspect of this tried-and-true trust is the fact that it delivers its income monthly.Usually, REITs and other dividend stocks pay out their dividends quarterly. If you're an income investor, setting up a varied income stream from your holdings is a good way to keep income flowing regularly.But beyond convenience, O is a rock-solid REIT that has some of the top names in the industry leasing its properties from coast to coast. That means its nearly 4% dividend is solid. * Top 7 Dow Jones Stocks of 2019 -- So Far It also means, the O can build off its clients' successes. O stock is up 33% in the past 12 months and is a good choice if you're looking for a conservative consumer retail play. Blackstone Group (BX)Blackstone Group LP (NYSE:BX) isn't technically a REIT. It's an investment and fund management service that operates as a limited partnership.The reason it's in this list is because it's an excellent firm that has significant investments in real estate around the world, as well as all the other investment services it provides.What's more, it also delivers a substantial - and reliable - 5.3% dividend.BX is another firm that like the REITs, will benefit mightily from this Goldilocks economy. Up 35% year-to-date with a P/E of 16, there is still plenty of headroom and opportunity for BX to keep on running. Digital Realty (DLR)Digital Realty Trust Inc (NYSE:DLR) specializes in owning and managing properties for data centers as well as co-location services.The latter is a space where data centers are available for rental to retail customers. For example, if you're a smaller company that is ready to launch your product but you don't want to spend a ton of money on a data center until you know how much capacity you need, you use a co-location service so you can right-size your build.DLR is the leader in this fast-growing sector and has been on a tear for a while, since it's also a way to play the cloud computing trend without having to invest directly in volatile cloud stocks.As 5G ramps up in the U.S, there will be another wave of demand for data centers and server space since 5G is almost 1,000x faster than current 4G networks. That means more streaming as well as AI-driven systems and internet of things (IoT) communication (e.g., smart houses, driverless cars, etc). * 10 Baby Boomer Stocks to Buy Because of its promise and sector leadership, DLR stock is very popular, so its dividend sits around 3.7% and its growth in the past 12 months is around 11%. It's a solid, steady way to play tech growth. WP Carey (WPC)WP Carey Inc (NYSE:WPC) is another REIT that has been around for a very long time, founded in 1973. Basically, it owns buildings and manages them for its clients. It also manages buildings for clients, as well as runs its own real estate investment business, including placements for other REITs.What makes WPC unique is its 'triple net lease' model, where its clients pay for taxes, maintenance and insurance on the buildings the lease, in addition to rent and utilities. So, WPC just owns the buildings and manages the properties. That's a pretty good deal and means WPC can run a much leaner operation since it isn't dealing with all these other aspects.And those improved margins get passed through to investors as its impressive 5.1% dividend. The stock is also up a solid 25% in the past year. This is a great choice if you're looking for a conservative play in commercial real estate stronger corporate growth. American Campus Communities (ACC)American Campus Communities Inc (NYSE:ACC) is a REIT that specializes in owning, developing and managing on- and off-campus housing for college students.Gone are the days of the rough-and-ready college dorms. Nowadays, the dorms are like nice apartments. Granted, for the money it costs to go to college these days, that may not be too surprising.But the fact is, housing is a big part of the competitive process for colleges. If a student is choosing one school over another, many times, all other things being equal, housing could be the tipping point.ACC currently has 206 communities on or around 96 campuses, with 83 on-campus developments. Plus, this model is a great feature for many schools that don't want to take on the massive efforts and costs to develop and manage these projects themselves. * 10 Stocks to Sell Before They Tank Your Portfolio ACC is up 26% in the past year and is still delivering a solid 4% dividend. Medical Properties Trust (MPW)Medical Properties Trust Inc (NYSE:MPW) rounds off the group as the featured medical and healthcare facilities REIT.Like WPC, MPW is a triple net lease company -- the tenant pays taxes, maintenance and insurance on the property as well as rent and utilities -- that also offers financing to its clients. It can provide 100% financing to companies looking to develop projects from $10 million to $1 billion. Most conventional lenders only offer 60-70% financing.Given the fact that healthcare in the US is a significant long-term issue, especially as the population ages and baby boomers begin to retire in significant numbers, MPW is in the middle of a significant megatrend.With scores of properties across the US, it also has expanded its business to Europe where it has facilities in the UK, Germany, Spain and Italy.Up 40% in the past 12 months and still delivering a robust 5.5% dividend and a PE ratio of a mere 6.7, MPW is a compelling way to play the global healthcare trend in industrialized countries.Louis Navellier is a renowned growth investor. He is the editor of four investing newsletters: Growth Investor, Breakthrough Stocks, Accelerated Profits and Platinum Growth. His most popular service, Growth Investor, has a track record of beating the market 3:1 over the last 14 years. He uses a combination of quantitative and fundamental analysis to identify market-beating stocks. Mr. Navellier has made his proven formula accessible to investors via his free, online stock rating tool, PortfolioGrader.com. Louis Navellier may hold some of the aforementioned securities in one or more of his newsletters. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 7 Stocks to Buy that Lost 10% Last Week * Top 7 Dow Jones Stocks of 2019 -- So Far * 5 Service Stocks That Can Win the Trade War -- According to Goldman Sachs Compare Brokers The post 7 High-Yield REITs to Buy (Even When the Market Tanks) appeared first on InvestorPlace.