In the technology sector, big data and digital security are of paramount concern for many technology companies. This is an era of heightened security risk, as a steadily increasing amount of information gets digitalized. Cloud storage and data centers are significant areas of growth for the technology industry. Companies that service this demand are poised for many years of growth. Digital Realty is situated well to capitalize on these high-growth areas.
Digital Realty stock has performed well this year, as investors and analysts become more optimistic about the company’s growth trajectory. Digital Realty yields 4.7%, more than twice the dividend yield of the S&P 500.