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Holly LaFon
Holly LaFon
Articles (6480) 

Baron Funds Comments on Equinix

August 23, 2012 | About:

From Baron Funds' second-quarter letter:

Shares of network-neutral data center operator Equinix, Inc. performed well during the quarter, as demand from its interconnection-focused data center customers remained strong, and the company raised its earnings guidance for the full year. In addition, management continued exploring the viability of converting to a REIT structure, which we believe continued to drive a meaningful revaluation of the shares. Compared with other REITs, we believe Equinix's shares remain notably undervalued.

Rating: 3.0/5 (1 vote)


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