Centers with the best optical connectivity, and good security, are becoming integral to the cloud, with super-fast interconnects between and among scaled clouds now dominating the world of computing. Stock in data center REITs are up an average of 4.5% for the first quarter. Datacenter REITs are poised to deliver a rare combination of stable, secure income and steady growth connected to the continued explosion of technological advances. Today, we’ll look at five of these solidly yielding real estate/tech stocks that should continue to perform in the years ahead. Tech Stocks for Growth AND Dividends...
CoreSite Realty Corp (NYSE:COR) was founded by the The Carlyle Group LP as CRG West in 2001, based in two California properties that had become “telecom hotels” in San Jose and Los Angeles. It was rebranded with its current name in 2009 and taken public in 2010. Digital Realty Trust, Inc. (NYSE:DLR) was developed with $500 million from the California Public Employees Retirement System, or CALPers, which selected a private equity fund to invest the money into data centers. DuPont Fabros Technology, Inc. (NYSE:DFT) is one of the older datacenter REITs, founded in 1997 by Lammot du Pont and Hossein Fateh. CyrusOne Inc (NASDAQ:CONE) was founded in Carrollton, Texas, a suburb of Dallas, in 2001, but is in the process of moving to the central city’s Uptown neighborhood. QTS Realty Trust Inc (NYSE:QTS) is a datacenter REIT based near Kansas City, but some of its largest operations are in Atlanta and Richmond, Virginia.
Source: InvestorPlace
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5 Tech Stocks to Buy for Growth AND Dividends
Posted by D4L | Tuesday, May 09, 2017 | ArticleLinks | 0 comments »________________________________________________________________
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