Equinix Inc
EQIX: XNAS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$119.00 | Rrfdfg | Hynpqbxtm |
Equinix Benefits from Secular Data Center Demand but Addresses Hyperscale Needs With Joint Venture
Business Strategy and Outlook
Equinix is well positioned to benefit from three trends that we expect to continue increasing: creation and use of data, which is only exacerbated by artificial intelligence; the need for that data to be connected; and reliance on cloud providers. Data center providers can flourish under these circumstances, and none is positioned better than Equinix.