Equinix Inc., a REIT (Real Estate Investment Trust) and a prominent name in the data center market, is the subject of debate amongst investors. It has earned a reputation for its high cost but is still considered a worthy investment. Equinix and Welltower have been hailed as clever pre-earnings REIT investments, despite stock slumps attributed to activist investor Hindenburg's shortselling. Even as Baron Real Estate Fund sold its Equinix shares, EQIX is still seen as a top player in its industry. Hindenburg Research's accusatory report alleging metric manipulation to bolster executive pay has challenged the company. Amid this controversy, Equinix and PGIM Real Estate initiated a $600M joint venture. Johnson Fistel has also commenced a class-action probe on behalf of Equinix shareholders. Despite these challenges, EQIX remains a solid portfolio pick due to a strong Q4 FFO and robust revenue growth. A significant contribution to the company's perceived value is its new data center in Malaysia, further expanding its footprint. Equinix's high price point is justified, given the company's consistent growth and substantial dividends. Despite the inherent risks, Equinix shares soared 11.4% in a span of 6 months, providing investors a reason to buy. However, Equinix's earnings criticisms pose a potential threat to the broader real estate sector.
Equinix Reit EQIX News Analytics from Fri, 05 Jun 2015 04:59:52 GMT to Sat, 04 May 2024 07:45:02 GMT -
Rating 2
- Innovation 4
- Information 6
- Rumor -3
