10 Best Data Center Stocks to Buy Now
A data center is a dedicated space that is used to house computer systems and associated components such as telecommunications and storage systems. Data centers are also defined as a vast volume of data that is stored, backed up, and recovered. In a recent article, we mentioned the 15 largest data center companies in the world based on annual revenue and number of employees.
Data centers have become increasingly important in our digital lives and COVID-19 has only accelerated this long-term trend. Prior to the pandemic, the data center industry has already proved its global importance. During 2018, the global revenue from the wholesale and retail data center colocation market amounted to $38 billion.
Bill Gates’ Stock Portfolio: Top 15 Picks
The Microsoft founder and philanthropist Bill Gates’ is the fourth richest man in the world with a net worth of $120 billion, according to Forbes. Gates, 64, decided to step down from Microsoft’s board early this year to dedicate more time and efforts to his charitable activities through the Bill & Melinda Gates Foundation.
Founded in 2000, Bill & Melinda Gates Foundation Trust has been seeking to earn money for charitable activities, including education, global health, development, and climate change. In order to generate a sustainable source of money, Bill & Melinda Gates Foundation Trust started investing money in companies that have a long history of returning cash to investors in the form of dividends and steady share price gains.