For long-term investors seeking a great growth opportunity for years to come, there certainly appears to be more options out there today than ever before. While valuations have certainly run hot in recent years, I do see a few pockets of potential long-term value in the technology space which should hold value over the long-term (despite being overvalued, in my opinion, like everything else tech-related these days).
Data storage is one sector I think is poised to explode, given the parabolic shift we’re seeing in how we all choose to consume data. Storage of data, and in particular, safe storage of data, is going to continue to be of utmost need and a priority for advanced societies to “survive” as our propensity to consume data ever-increases.
One company I really like in this space is QTS Realty Trust (NYSE:QTS). This data storage/real estate company has six million square feet of data storage properties in the company’s portfolio, with a number of data centers overseas and the opportunity to continue to grow through acquisition to come one of the global leaders in this space.
Currently, the company’s portfolio of assets are strategically located from a geographical perspective and will continue to provide consistently growing revenue over time. This company has a nice runway for growth, making it an interesting option for long-term investors.
Invest wisely, my friends.
