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This AI-Focused Real Estate Stock Beat the S&P 500 in the First Half of 2024. Is It Still a Buy?
DLRDigital Realty Trust(DLR) The Motley Fool·2024-07-18 17:12

It wasn't that long ago when investors basically left Digital Realty Trust (DLR -3.39%) for dead. High-profile short-seller Jim Chanos called the major data center real estate investment trusts (REITs) his "big short" idea in 2022 -- but he didn't anticipate the coming artificial intelligence (AI) explosion. What a difference a couple of years make. Digital Realty is one of the best-performing real estate investment trusts in recent history. So far in 2024, the REIT has delivered a 20% total return, not onl ...