Digital Realty Trust Inc. (NYSE:DLR) is deemed one of the best data center stocks to buy now. On August 19, BMO Capital reaffirmed an Outperform rating with a $195 price target. Second-quarter results were healthy, and sector-wide investments in data centers are expected to reach $550 billion by 2026.

Analysts named Digital Realty Trust Inc. (NYSE:DLR) as their top pick in the data center space. They predict high single-digit Core FFO growth, with potential growth rates of 7.7% in 2025 and 7.9% in 2026. Bank of America Securities also reaffirmed a Buy rating with a $210 price target on August 11.

Digital Realty Trust Inc. (NYSE:DLR) offers data center, colocation, and interconnection solutions across 25 countries. While DLR is a strong investment, other AI stocks may offer greater upside potential. Check out our free report on the best short-term AI stock for more opportunities.

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Read more at Yahoo Finance: BMO Capital Reaffirms Outperform on Digital Realty (DLR), Names It Top Pick