Why REITs (Even Data-Center REITs) Are Financial Stocks
If you look at Digital Realty Trust (NYSE: DLR), it's not all that surprising that you might think of it as being a tech company first and foremost. But the economics of its business is perhaps more like a bank or leasing company, given that it buys and builds data centers to lease capacity to fast-growing tech companies such as Uber.
In this episode of Industry Focus: Financials, join Michael Douglass and Jordan Wathen as they discuss why data-center REITs have a confusing place as part tech, part financial stocks.
A full transcript follows the video.
Source: Fool.com