Wednesday, February 1, 2012

Data Center Stocks Start Strong In 2012

Read the whole article at Seeking Alpha:

>>Data center-related stocks closed a very positive month in January 2012, in line with the best start for stocks in 15 years, but also with several companies delivering stronger than average double-digit increases.

A quick look at some of the general market data, to put these numbers in prospective. The Dow Jones industrial average rose 3.4 % in January, while the Standard & Poor's 500 gained 4.4 %, the best performances, for both indexes, to open a year since 1997.

The Nasdaq gained 8% for the month, in its best January since 2001. Akamai (AKAM) is the only stock under our coverage delivering a slightly negative return, of just -0.15%. All other stocks are in the green, with Equinix (EQIX) delivering the best performance with a 18.30% increase in the month.

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