Site icon Banyan Hill Publishing

Data center REITs: the AI Pick-and-Shovel Play of the Year

What are data center REITs and how can you profit?

Amber here!

I have a new mega trend for you — and two ways to profit from it.

But first, have you heard of a “pick-and-shovel” investment?

It’s a stock in the tools or services of an industry, not the actual product. Just like prospectors needed to use picks and shovels to find gold during the California gold rush of the 1840s and 1850s.

Today, think of buying into microchip stocks — the tech that computers, cars and AI software are built on.

In this way, data center REITs (also known as data center real estate investment trusts) are shaping up to be the AI pick-and-shovel play of 2023!

Data centers are vital to running businesses, storing their data and running their digital applications.

And artificial intelligence is now literally at the center of it.

Find out more about this mega trend (and two great investing opportunities) in today’s video…

 

(Or read the transcript here.)

Hot Topics in Today’s Video:

Until next time,

Amber Lancaster

Director of Investment Research, Strategic Fortunes

 

Chart of the Day 📈

Speaking of innovative tech, this year’s market rally has the tech industry to thank (especially in the S&P 500).

Consumer goods and communication services came in at a close second and third, respectively, but we have a feeling AI has been the main driver in the market rally.

Are you contributing to the AI boom we’ve been telling you about? Did you buy any AI stocks? Let us know which ones and how you’re doing at BanyanEdge@BanyanHill.com!

Regards,Charles SizemoreChief Editor, The Banyan Edge