12 Best Real Estate and Realty Stocks To Buy Now

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2. Equinix Inc. (NASDAQ:EQIX)

Number of Hedge Fund Holders: 55

Equinix Inc. (NASDAQ:EQIX) is a leading digital infrastructure company. The firm was formed in 1998 as a vendor-neutral multitenant data center provider. It currently serves 73 markets across 34 countries and enables businesses to scale across the world’s biggest network of interconnected data centers.

Equinix Inc. (NASDAQ:EQIX) has an unrivaled global reach and differentiated global platform with $41 billion of invested capital as its competitive advantage. The firm offers customers access to 2,000 network services, 3,000 cloud and IT services, over 400 content and digital media services, and more than 4,800 enterprises. While the continued robust demand for AI-enabling digital infrastructure from a highly diverse set of customers strengthens the firm’s leadership position, Equinix continues to make extensive investments across its global operations to support customer’s digital infrastructure needs with 57 major projects underway across 22 countries, as of 2024’s third quarter.

For investors looking for a proven track record of growth and profitability, Equinix has a lot to offer. It is worth mentioning that the firm has witnessed 87 consecutive quarters of top-line revenue growth, the longest streak of any S&P 500 company. With digital infrastructure being the backbone of today’s economy and becoming crucial to delivering services globally, Equinix Inc. (NASDAQ:EQIX) is in an attractive spot to capitalize on the opportunities lying ahead. As of Q3, the company is held by 55 hedge funds.

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