Real Estate Investing For Beginners: 11 Best Stocks To Buy

3. Equinix, Inc. (NASDAQ:EQIX)

Number of Hedge Fund Holders: 56

Equinix Inc. (NASDAQ:EQIX) is one of the largest digital infrastructure companies globally which specializes in Internet connection and data centers. The REIT was formed in Silicon Valley in 1998 as a vendor-neutral multitenant data center provider. It currently operates in 33 countries globally and enables businesses to scale across the world’s biggest network of interconnected data centers.

Equinix Inc. (NASDAQ:EQIX) has a global ecosystem that is larger than its next 10 competitors combined since it provides customers access to more than 2,000 network services, more than 3,000 cloud and IT services, over 450 content and digital media services, and more than 4,800 enterprises. Furthermore, the financial performance of the firm is highly commendable with 86 consecutive quarters of top-line revenue growth, the longest streak of any S&P500 company.

During the fiscal second quarter, the firm witnessed record gross bookings and adjusted EBITDA crossing the $1 billion quarterly threshold for the first time. Net income increased 45% year-over-year to $301 million. Equinix Inc. (NASDAQ:EQIX) has 54 major projects underway across 24 countries. Leveraging the growing digital opportunity of the fast-growing Southeast Asia region, the company has announced its entry into the Philippines while expanding into Malaysia and Indonesia.

With digital infrastructure becoming crucial to delivering services globally, Equinix Inc. (NASDAQ:EQIX) is in a unique and attractive spot to drive its growth and profitability. The firm ranks among the 11 best stocks to buy for investing for beginners.