Digital Realty Trust Inc. (NYSE:DLR) is one of the best 52-week high stocks to invest in, according to short sellers. On May 14, Truist Securities reiterated a Buy rating on Digital Realty Trust Inc. (NYSE:DLR) and raised the price target to $208 from $207.
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The research firm remains bullish about the companyโs long-term prospects as it remains at the intersection of artificial intelligence, cloud, and digital transformation demand. In addition, it should benefit from record-low vacancy rates in top markets and power and grid constraints.
The price target hike also follows impressive first-quarter results, in which net income available to common stockholders increased to $0.46 per share, up from $0.27 in Q12025. Digital Realty Trust delivered core funds from operations per share of $2.04, compared to $1.77 in the same quarter last year. Total revenues increased 16% to $1.6 billion, driven by an acceleration in data center demand. The company is also advancing its hyperscale AI-oriented capacity in the US while growing its connectivity-rich portfolio across key markets.
โDigital Realty Trust, Inc. (NYSE:DLR) is a publicly traded real estate investment trust (REIT) that owns, operates, acquires, and develops data center properties worldwide. Instead of leasing traditional offices or retail spaces.ย The company owns the massive physical buildings and critical infrastructure required to house corporate IT, cloud networks, and artificial intelligence (AI) applications.
While we acknowledge the potential of DLR as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on theย best short-term AI stock.
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