Digital Realty Trust (DLR), the largest global cloud data center provider, is rated 'hold' because its common shares trade at a premium with a forward AFFO yield of about 3.97%. However, its preferred stocks offer attractive yields above 6.6%, trade below par, and have strong investment-grade credit ratings. DLR maintains a solid capital structure with 93% fixed-rate debt and a net debt/EBITDA ratio of 4.9x. Despite strong fundamentals, the analyst prefers to wait for a better entry point before buying common shares.
Digital Realty Trust is rated Buy due to its control over scarce powered-campus assets and a global platform that benefits from rising AI-driven data center demand. The company has a record $1.6 billion contracted rent backlog and strong preleasing a...
US equity markets fell modestly amid escalating Middle East conflicts affecting key energy routes, pushing Brent oil prices above $100. This surge in energy costs heightened inflation concerns and triggered a global bond selloff. Despite rising inter...
