- Forecasts for the growth of digital data and data storage demand in the next 10-15 years are staggering.
- QTS is a small but fast-growing powerhouse in the data center REIT space.
- So far so good for QTS in 2021, as the REIT showed double-digit revenue, EBITDA, and FFO growth in the first quarter.
- QTS is also making progress on lowering its cost of capital, which should incrementally accelerate its growth rate.
- The stock isn't cheap, but it's still worth buying for the long haul.
For further details see:
QTS Realty Trust Is Riding A Massive Data Storage Growth Trend