Is This "Big Short" Idea Actually a Great Investment Opportunity?
Notable short-seller Jim Chanos has called data centers his "big short" idea, especially the big data center real estate investment trusts (REITs) Digital Realty Trust (NYSE: DLR) and Equinix (NASDAQ: EQIX). However, the recent numbers show that demand is still strong and they could be worth a closer look after all.
*Stock prices used were the afternoon prices of Aug. 7, 2023. The video was published on Aug. 8, 2023.
Source Fool.com
Equinix Inc. Stock
€717.80
0.420%
We see a rather positive sentiment for Equinix Inc. with 12 Buy predictions and 1 Sell predictions.
As a result the target price of 830 € shows a slightly positive potential of 15.63% compared to the current price of 717.8 € for Equinix Inc..
