Q: Was considering a position in Equinix. I’ve read that the company lowered it’s Adjusted Funds From Operations (AFFO). Would you say this is reflected in the stocks chart. I understand that AFFO is typically used for Reits. Would you look at Equinix as a tech stock or a reit? Would it be a good time to buy, do you think they have a good future, do they have a good moat?
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Investment Q&A
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Q: Can I please get your opinion of Equinix. Thanks Dave
Q: Hello 5i team,
Although 5i Research does not follow normally US Companies I wonder if you have an opinion about Equinix a US Company that operates interconnected data centers across the globe. (EQIX) The share price has quadrupled since 2012 it seems to be in the right space benefiting immensely from Cloud Computing but it has a very high P/E multiple (289 according to www.theglobeandmail/globe-investor).
Thanks
Although 5i Research does not follow normally US Companies I wonder if you have an opinion about Equinix a US Company that operates interconnected data centers across the globe. (EQIX) The share price has quadrupled since 2012 it seems to be in the right space benefiting immensely from Cloud Computing but it has a very high P/E multiple (289 according to www.theglobeandmail/globe-investor).
Thanks