|Bid||557.17 x 900|
|Ask||557.55 x 1400|
|Day's Range||555.93 - 563.98|
|52 Week Range||335.29 - 609.97|
|Beta (3Y Monthly)||0.62|
|PE Ratio (TTM)||94.33|
|Earnings Date||Feb 11, 2020 - Feb 17, 2020|
|Forward Dividend & Yield||9.84 (1.78%)|
|1y Target Est||614.36|
Last year's fourth quarter was a rough one for investors and many hedge funds, which were naturally unable to overcome the big dip in the broad market, as the S&P 500 fell by about 4.8% during 2018 and average hedge fund losing about 1%. The Russell 2000, composed of smaller companies, performed even worse, trailing […]
Real estate investment trusts (REITs) - a way for investors to gain access to assets such as apartments and office buildings while often collecting generous yields - had a disappointing 2018. With just a few days left to go in the year, the Vanguard REIT ETF (VNQ) had lost 13.5% compared to a 12% decline for the broader market. This contrasts with 10-year average annual gains of just more than 12% for the VNQ.Will REITs bounce back in 2019? Well, the same fear that hampered these real-estate plays in 2018 - rising interest rates - still is on the board for the coming year. And higher rates on bonds sometimes hamper the performance of REITs.However, these companies are not created equal. The best REITs for 2019 could benefit from other powerful trends in 2019. For instance, cloud computing's growth should continue to fuel robust demand for data storage services. A massive infrastructure spending bill could improve the fortunes of related REIT plays. And mobile-data growth, as well as the rollout of lightning-fast 5G technology, offers potential growth for cell-tower REITs.Here are the 13 best REITs to buy and hold in 2019. Not only should they benefit from broad trends that could help them outperform their brethren, but REITs as a whole are trading at much more palatable valuations lately. Moreover, average dividend yields in the space currently exceed 4%; all the more reason for investors to stick with REITs if market rockiness continues in the coming year. SEE ALSO: The 10 Best REITs to Buy for 2020
Equinix, Inc. (Nasdaq: EQIX), the global interconnection and data center company, released its top five technology trend predictions for 2020, which point toward the critical digital transformation that organizations are making to lead in the new digital era. Equinix's expansive footprint across more than 50 global markets, and its position as a leading meeting and interconnection point for ecosystems of networks, clouds, enterprises and nearly 10,000 customers, give it a unique and holistic lens to view critical digital infrastructure trends.
The end of the year is a time for investors to focus on diversification. Despite the major exchanges continuing to hit record highs, there are reasons for investors to be uneasy.The market continues to digest the impacts (real and perceived) of the U.S.-China trade war. Earnings reports, though basically strong, suggest some weakness may exist. Institutional investors are spurning the usually fast-growing "unicorn" stocks. And 2020 is an election year which introduces uncertainty into the market.With uncertainty comes volatility. If you're looking for investment strategies to diversify your portfolio, now may be a time to look at real estate investment trusts (REITs).InvestorPlace - Stock Market News, Stock Advice & Trading TipsREITs own, operate or finance income-generating real estate properties such as apartment complexes or retail locations. REITs are heavily regulated and must meet a number of qualifications. They are legally required to pay at least 90% of their taxable income in dividends.REITs are often specialized in specific areas such as residential or commercial. But even within those two areas there are distinctions. For example some REITs focus on healthcare facilities, others focus on apartments, and others may focus on shopping centers. * 7 Companies Using Artificial Intelligence to Outperform the Market Here are three REITs that set up well for whatever hits the market in 2020. Sun Communities (SUI)Dividend yield: 1.89%Source: Shutterstock The first REIT I want to discuss is Sun Communities (NYSE:SUI). Manufactured homes are showing the highest percentage growth of all REIT sub sectors in 2019. Sun Communities is one of the leading REITs in this sector and focuses on the midwestern and southeastern United States.With a market cap of $14.96 billion, Sun Communities is a large REIT that has been on a steady rise since the depths of the global economic crisis and the housing crisis. With that said, the stock has been getting a lift recently from a strong housing market. SUI stock is up over 55% in 2019.On Nov. 19, the Commerce Department released information on the housing market that showed that it is getting ready to heat up even though the calendar says it's winter.Residential construction surged in October with permits at their highest level since May 2007. Housing stats were also up in October. Although slightly lower than estimates, the 1.314 million number is an 8.5% year-over-year increase.SUI should continue to have a catalyst going forward as many rental properties are still citing very low vacancy rates. Welltower (WELL)Dividend yield: 4.18%The next REIT for you to consider is Welltower (NYSE:WELL). This is the largest healthcare REIT. Its properties span a variety of categories across the spectrum of patient care. WELL owns over 1,517 properties including hospitals, outpatient clinics, assisted living, and skilled nursing facilities across the U.S., Canada, and the United Kingdom.Healthcare will continue to be a hot sector with a number of catalysts. To begin with, the baby boomer generation is aging, and approximately 63% of WELL's net operating income comes from senior housing. This is the core of the company's portfolio.And despite the rhetoric about a single payer system and "Medicare for all," approximately 94% of Welltower's revenues are private payers, so the stock is not exposed to that risk.Welltower's stock is up over 26% in 2019. In the second quarter, the company generated $1.3 billion in revenue with earnings coming in at $137.7 million. * 7 Marijuana Penny Stocks That Have Ridiculous Possibilities It's fair to be concerned about a dividend that has not grown in three years. But while it may not be best in class, it's certainly not the worst. And with the stability you get from the recession-proof property mix, it's a stock that's worthy of consideration. Equinix (EQIX)Dividend yield: 1.76%Source: Ken Wolter / Shutterstock.com Equinix (NASDAQ:EQIX) is a REIT with exposure to the growing data center segment. EQIX owns over 200 data centers. Their global customer base includes nearly half of the Fortune 500 companies.EQIX stock is up nearly 59% in 2019 compared to the S&P 500, which has returned 26.8%. But EQIX stock is not a one-year wonder. Over the last 10 years, Equinix stock has grown 640%, which crushes the 245% return in the broader market.Institutional investors are forecasting the company's earnings per share (EPS) to grow at a 21.4% average annual rate for the next five years. If that pans out, and there's no reason to believe it won't, the company will continue to have solid growth in its funds from operation (FFO). A larger FFO will allow EQIX to increase its dividend. EQIX shares currently have a dividend yield of 1.76%.A catalyst for the data center segment is the organic growth that comes from recurring revenues. In the case of Equinix, recurring revenue accounts for approximately 94% of total revenues.As of this writing, Chris Markoch did not have a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Companies Using Artificial Intelligence to Outperform the Market * 7 Earnings Reports to Watch Next Week * 6 Retail Stocks Dropping Hard Ahead of Black Friday The post 3 Real Estate Companies to Invest in Now appeared first on InvestorPlace.
Equinix (EQIX) will offer Platform Equinix to deploy Zoom Video Communications' key service delivery infrastructure. This will help Zoom strengthen its global expansion strategy.
REDWOOD CITY, Calif. , Nov. 22, 2019 /PRNewswire/ -- Equinix, Inc. (Nasdaq: EQIX), the global interconnection and data center company, today announced that its executives will attend four upcoming investor ...
Pick a big trend, such as protectionism, the dollar’s overvaluation, gold or data moving to the cloud. Take, for example, data and applications moving to the cloud. You could buy one of the big tech names, say Amazon or Google.
REDWOOD CITY, Calif., Nov. 21, 2019 /PRNewswire/ -- Equinix, Inc. (EQIX), the global interconnection and data center company, today announced that Zoom Video Communications, Inc., a leading provider of video-first unified communications, will leverage Platform Equinix® to expand its globally distributed footprint in order to support the company's worldwide growth objectives. Currently serving over 66,000 customers that have more than 10 employees, Zoom has become the leader in meeting solutions and unified communications, dramatically changing the way people work. Zoom has played an integral role in shifting the communications culture to a robust video-first approach by delivering a reliable, frictionless platform across devices for users around the world.
Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Equinix, Inc. New York, November 20, 2019 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Equinix, 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.
One thing is clear: investors are constantly searching for serious growth names. These aren’t any old stocks with blink-and-you’ll-miss-it growth narratives. We’re talking about stocks in it for the long-haul, poised to climb higher and deliver returns in the years to come. For investors that have settled on this strategy, what’s the best way to find these tickers with growth prospects that go above and beyond? Our suggestion: make use of TipRanks. The platform’s Stock Screener tool simplified our research process by allowing us to filter our search results by analyst consensus and upside potential from the current share price. To this end, we were able to pinpoint 3 stocks primed for substantial long-term gains.With this in mind, let’s get started.Equinix, Inc. (EQIX) Equinix is best-known for being the world’s largest data center and colocation provider, with its products enabling speedy application performance and low latency. On the heels of its third quarter earnings, several members of the Street are backing EQIX, which is already up 56% year-to-date.To kick off the release, the company reported that gross bookings were the highest ever for a third quarter and the second-highest overall. Not to mention EQIX is ahead of its competitors as it boasts 356,000 customer cross-connections, which includes 20,000 virtual connections. If that wasn’t enough, EQIX’s hybrid cloud growth is accelerating due to its recent shift to cloud trends. This resulted in the enterprise segment making up 60% of bookings.Oppenheimer’s Timothy Horan also points out that while there had been some concern regarding the recently announced Digital Realty (DLR) and InterXion (INXN) merger, it makes EQIX “well-positioned as the only pure-play interconnectivity focused data center”. He notes that as its competitors undergo a complicated integration, there will be a window to take market share. All of this prompted the five-star analyst to not only keep a Buy rating but also to bump up the price target to $650. At this new target, shares could rise 18% over the next twelve months. (To watch Horan’s track record, click here) Similarly, other Wall Street analysts take a bullish approach when it comes to EQIX. 12 Buys and 1 Hold assigned in the last three months give it a ‘Strong Buy’ consensus. Its $611 average price target indicates 11% upside potential. (See Equinix stock analysis on TipRanks) ServiceNow, Inc. (NOW) Originally an IT service automation tool, ServiceNow has become one of the top providers of cloud-based solutions that tracks service issues within businesses as they come up. With shares moving 46% higher year-to-date, Wall Street has its eyes on NOW.Despite facing foreign exchange (FX) headwinds, the company posted a beat in terms of EPS, subscription billings as well as subscription revenue, which is up 33% year-over-year. Its guidance for fiscal Q4 2019 was also generally better than analysts expected. Most notably, management addressed the misinformation circling around the Street. Incoming CEO Bill McDermott tells investors that the current situation is much brighter than some may think, citing its “pristine” platform and “amazing” organic growth story. Its CFO search is in fact coming to a conclusion, with a decision expected soon. There also hasn’t been a change to employee attribution rates as 97 out of the top 100 sales staff are staying put. This helped reaffirm Macquarie analyst Sarah Hindlian’s conclusion that NOW is still a Buy. “We are highly confident in ServiceNow’s global strategic positioning and believe an opportunity for entry exists,” she commented. As a result, the four-star analyst attached an increased price target of $336 to her bullish call. This updated target conveys her confidence in NOW’s ability to jump 29% in the next twelve months. (To watch Hindlian’s track record, click here) Like Hindlian, the rest of the Street is impressed. NOW is a ‘Strong Buy’ based on the 18 Buy ratings and 2 Holds issued in the last three months. In addition, its $229 average price target brings the upside potential to 15%. (See ServiceNow stock analysis on TipRanks) The Estée Lauder Companies Inc. (EL)The global makeup and beauty name has taken some heat recently thanks to a fiscal 2020 outlook reset. That being said, one analyst believes that EL’s growth narrative remains strong, with further gains on top of its already achieved 47% year-to-date growth expected.Part of the concern is related to EL’s 100 basis point reduction in its guidance for global beauty market growth as a whole. This has been blamed on U.S. makeup weakness, as well as some deceleration in China and the travel retail space. However, Evercore ISI analyst Robert Ottenstein argues that EL has a lot more going for it than the Street realizes. “China actually accelerated (as did the broader Asia-Pacific corridor) supporting the view argued in our initiation, that growth from China will remain stronger for longer than investors appreciate,” he explained.Ottenstein adds that foundation, or makeup applied to the skin for a more natural look, drove the 4% net makeup sales increase, with skincare sales also ramping up. This is important as skincare margins are 4x higher than makeup and foundations maintain the highest consumer loyalty compared to all other types of makeup. Bearing this in mind, the analyst reiterated his bullish call and $230 price target, suggesting shares could surge 20% over the next twelve month period. (To watch Ottenstein’s track record, click here) Looking at the consensus breakdown, 8 Buy ratings vs 3 Holds add up to a ‘Moderate Buy’ analyst consensus. On top of this, its $218 average price target puts the potential twelve-month gain at 14%. (See Estée Lauder stock analysis on TipRanks)
REDWOOD CITY, Calif. , Nov. 13, 2019 /PRNewswire/ -- Equinix, Inc. ("Equinix") (Nasdaq: EQIX), the global interconnection and data center company, today announced the expiration and tender results ...
REDWOOD CITY, Calif., Nov. 11, 2019 /PRNewswire/ -- Equinix, Inc. (EQIX), the global interconnection and data center company, today announced that it has completed the rigorous process of Binding Corporate Rules (BCRs) approval by European Union (EU) regulators. In doing so, it becomes the first company to have its BCRs approved by the European Data Protection Board (EDPB) consisting of all 27 Member States set up under the new GDPR regime. BCRs are designed to allow multinational companies to transfer personal data from the European Economic Area (EEA) to their affiliates located outside of the EEA, while adhering to the highest standards, as demanded by EU regulators.
If you had invested $100 at the beginning of this century in shares of Netflix, your position would be worth more than $23,000 today. Not bad... for second best.
Digital Realty's (DLR) latest global data-center platform launch will enable customers scale digital businesses and address issues related to digital transformation.
REDWOOD CITY, Calif. and WARSAW, Poland, Nov. 7, 2019 /PRNewswire/ -- Equinix, Inc. (EQIX), the global interconnection and data center company, today announced the development of a new data center in Warsaw, opening in Q1 2020. Known as WA3, the new International Business Exchange™ (IBX®) data center will offer state-of-the-art colocation, as well as a host of advanced interconnection services.
REDWOOD CITY, Calif., Nov. 6, 2019 /PRNewswire/ -- Equinix, Inc. ("Equinix") (EQIX), the global interconnection and data center company, has priced an underwritten public offering of $2.8 billion aggregate principal amount of senior notes, consisting of $1,000,000,000 of 2.625% senior notes due 2024 (the "2024 Notes"), $600,000,000 of 2.900% senior notes due 2026 (the "2026 Notes") and $1,200,000,000 of 3.200% senior notes due 2029 (the "2029 Notes", and together with the 2024 Notes and the 2026 Notes, the "Notes"). The offering is expected to close on November 18, 2019, subject to the satisfaction of customary closing conditions. Equinix intends to use a portion of the net proceeds from the sale of the Notes to fund the purchase of all its outstanding 5.375% senior notes due 2022 (the "2022 Notes"), 5.375% senior notes due 2023 (the "2023 Notes") and 5.750% senior notes due 2025 (the "2025 Notes") accepted for purchase in Equinix's concurrent cash tender offer (the "Tender Offer"), including the payment of premiums, accrued interest and costs and expenses in connection with the Tender Offer.
Moody's Investors Service (Moody's) has assigned a Ba1 to Equinix, Inc.'s (Equinix) proposed senior unsecured notes. The proceeds will be used to repay the company's existing USD senior unsecured notes maturing in 2022, 2023 and 2025. The Ba1 rating is in line with the existing rating for Equinix's unsecured debt class.
REDWOOD CITY, Calif., Nov. 6, 2019 /PRNewswire/ -- Equinix, Inc. ("Equinix") (EQIX), the global interconnection and data center company, today announced the commencement of a cash tender offer (the "Tender Offer") for any and all of its outstanding 5.375% Senior Notes due 2022 (CUSIP/ISIN No. 29444U AN6 / US29444UAN63) (the "2022 Notes"), 5.375% Senior Notes due 2023 (CUSIP/ISIN No. 29444U AM8 / US29444UAM80) (the "2023 Notes") and 5.750% Senior Notes due 2025 (CUSIP/ISIN No. 29444U AP1/ US29444UAP12) (the "2025 Notes", and together with the 2022 Notes and 2023 Notes, the "Notes"). The Tender Offer is being made on the terms and subject to the conditions set forth in the Offer to Purchase dated November 6, 2019 (the "Offer to Purchase") and the related Notice of Guaranteed Delivery attached to the Offer to Purchase (the "Notice of Guaranteed Delivery" and together with the Offer to Purchase, the "Tender Offer Documents").
Cost-estimating website HowMuch.net took a look at some of the hottest stocks of the 21st century and found that, while the streaming giant has, indeed, enriched its shareholders, (MNST) (ticker: MNST) dominates the competition in terms of returns over the past two decades.
Most investors know about tech stocks that have harnessed the cloud for growth, such as Salesforce.com (CRM), Adobe Systems (ADBE) and Amazon.com (AMZN).But are you familiar with the cloud's landlords?"Cloud czars" don't operate entirely on their own. There's a huge industry in connecting these clouds to each other, and to large and small customers alike. It requires cell towers, data centers and other communications technology.A number of real estate investment trusts (REITs) specialize in properties and other assets that ensure your tablet can stream Netflix (NFLX) content and that your company's data is secured in the cloud. As a reminder: REITs are a special type of business structure - one that requires at least 90% of taxable income be paid out to shareholders as dividends, in exchange for generous tax benefits.Many of these stocks have risen by leaps and bounds in 2019, though they're getting expensive as a result. Still, they sit smack-dab in the middle of a growth industry, and some of them remain valuable as takeover targets. Private equity firms EQT Partners and Digital Colony Partners bought fiber network owner Zayo Group for $8 billion in May. And in October, Digital Realty Trust (DLR) bought European data center giant Interxion (INXN) for $8.4 billion.Here are five REITs that can help you squeeze dividends out of the cloud. If you're looking for a broad-based play on the industry, the Pacer Benchmark Data & Infrastructure Real Estate ETF (SRVR) invests in 20 such companies. However, these five holdings stand out among the rest. SEE ALSO: 20 Dividend Stocks to Fund 20 Years of Retirement