30 Best and Worst Data Center Stocks

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13. Extreme Networks, Inc. (NASDAQ:EXTR)

Upside Potential: 26%

Number of hedge funds: 29

Extreme Networks, Inc. (NASDAQ:EXTR) delivers cloud-driven networking solutions that provide high-performance connectivity and network management for enterprises, service providers, and public sector organizations. The company also produces network switches, routers, and wireless access points, which are engineered to offer high-speed connectivity, network resilience, and scalability, serving organizations with both on-premises and cloud-based infrastructure. For data centers, Extreme Networks, Inc. (NASDAQ:EXTR) offers a variety of solutions including high-density network switches, data center interconnects, and load balancing solutions that ensure high availability and low-latency connections for mission-critical applications.

Cloud computing, data centers, and enterprise network modernization are projected to drive long-term demand for the company’s networking and infrastructure solutions. Extreme Networks, Inc. (NASDAQ:EXTR) continues to broaden its international reach, particularly in Asia-Pacific and Europe, where the demand for networking and cloud solutions is rapidly growing. In the latest earnings comments, management emphasized a robust growth trajectory in its data center solutions, highlighting high-performance switches and SD-WAN offerings, which have been especially popular among large enterprises and cloud providers.

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