10 Best REIT Stocks to Buy According to Billionaires

3. Equinix Inc. (NASDAQ:EQIX)

Number of Billionaires: 11 

Number of Hedge Fund Holders: 56

Equinix Inc. (NASDAQ:EQIX) serves as the world’s digital infrastructure company. The company was founded in 1998 as a vendor-neutral multitenant data center provider and serves 73 markets across 34 countries, enabling businesses to scale across the world’s largest network of interconnected data centers.

Equinix Inc.’s (NASDAQ:EQIX) global ecosystem is bigger than its next 10 competitors combined and gives customers access to 2,000 network services, 3,000 cloud and IT services, and 400 content and digital media services. The REIT is well positioned to capitalize on future opportunities with digital infrastructure becoming crucial to delivering services globally. While the firm is focusing on the growing AI opportunity, it is delivering robust financial results and ended 2024 with revenues up 8% year-over-year. Equinix Inc. (NASDAQ:EQIX) is positioning itself as a leader in private AI infrastructure and distribution, with more than half of the top 25 deals in the REIT’s retail business in 2024’s fourth quarter focused on high-performance compute and AI workloads. Due to service providers aiming to boost their AI and cloud initiatives, the REIT’s global xScale portfolio also witnessed strong leasing activity and demand in the preceding year. For the current year, the REIT’s CEO Adaire Fox Martin believes that the pace of technological change is quick and the REIT has significant relevance to the market opportunity present, with AI being a major secular demand driver for its business.