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Digital Transformation Is Driving Unstoppable Growth for This REIT

TheMotleyFool

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Digital Transformation Is Driving Unstoppable Growth for This REIT: https://g.foolcdn.com/editorial/images/677878/a-person-in-a-data-center.jpg

Nothing has stopped Equinix's (NASDAQ: EQIX) ability to continue growing in recent years. The real estate investment trust (REIT) has expanded its revenue for 77 straight quarters. It recently extended that growth streak by increasing its quarterly revenue by 9% in the first quarter.

The data center REIT sees more growth ahead. Digital transformation continues to move more business processes online, driving demand for digital infrastructure. As a leader in the space, Equinix expects to capitalize on this megatrend.

Image source: Getty Images.

Source Fool.com

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