Iron Mountain: High Yield and Reliable Revenue From the Largest Companies
Iron Mountain serves more than 240,000 customers, including some of the hyperscalers that are ramping up their AI spending.
Iron Mountain: High Yield and Reliable Revenue From the Largest Companies
Overview
Iron Mountain (NYSE: IRM) works with some of the largest companies on the planet. More than 95% of Fortune 500 corporations and over 240,000 businesses count on Iron Mountain to store physical and digital assets.
Its data centers have gained momentum due to the artificial intelligence (AI) boom, and that's part of the reason the stock has more than doubled over the past five years. The rally doesn't appear to be over, as fundamentals remain strong.
Image source: Getty Images.
Details
Source
Originally published at www.fool.com.
Related Articles
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.
