|Day Low/High||64.30 / 65.98|
|52 Wk Low/High||48.94 / 79.73|
As cloud giants digest some of their past investments in hardware and chips, they're still investing heavily in growing their data center capacity. That's ultimately a positive for data center REITs and chip suppliers with cloud exposure.
These names performed well in Q4, but what does the coming year hold, and which ones could run further?
I can see this group bottoming a heck of a lot faster than others.
To say that cloud stocks are finished as a growth cohort seems almost silly to me.
Rising interest rates and bearish signals on its charts hint at price weakness ahead for the data center REIT.
These names are showing technical signs of either bullish or bearish reversal patterns over the past week.
While data center REITs have bounced their early-2018 lows, favorable long-term trends could let them add to their gains.
Income investors who are comfortable with the risks should consider high-quality business development companies.
The fundamentals sound strong but it is always a worthwhile exercise to check the charts and technical indicators.
Energy, financial and technology stocks dominate names showing potential for higher prices.
Better to move to cash than time a massive short at the exact moment the market tops.
IPO Desktop President Francis Gaskins would be a buyer of SunCoke on the IPO, however he doesn't think CyrusOne may move much higher.