Why the Coronavirus Has Helped Equinix's Results

One of the biggest revelations out of the coronavirus crisis has been how easily many white-collar businesses have been able to adapt to remote working. Just about every company that has reported second-quarter earnings has remarked that the transition to mass remote-working has gone well. Tech leaders like Google and Facebook have permitted employees to work remotely for the next year if they prefer.

Remote working vastly increases the demand for data, cloud storage and access, as well as bandwidth. That's why it's a good time to consider Equinix (NASDAQ: EQIX). Equinix is a real estate investment trust that dominates the data center space, and it's one of the few REITs that can satisfy both growth and income investors.

Source Fool.com