Arturo Neto, CFA
Growth at reasonable price, REITs, portfolio strategy, dividend investing

Digital Realty Keeps Cruising

On March 15th, I published an article about Digital Realty (NYSE:DLR) on Seeking Alpha (Read Article) that highlighted how its international interconnected network of data centers will help distance it from the competition. At the time the stock was at $51.51 and has since climbed to $64.77 as of July 30th. Throw in a $0.83 dividend and returns haven't been too shabby.

At the time I suggested the stock could potentially reach $80 within a year. Do I still feel that way?

Well, there certainly have been some changes within the company. The most noteworthy was the departure of CEO Michael Foust in March of this year. Long-time supporters of DLR became somewhat concerned and announced...

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