By Jeff Pierce

Via Yahoo Finance

DuPont Fabros Technology, Inc., a real estate investment trust (REIT), engages in the ownership, acquisition, development, operation, management, and lease of large-scale data center facilities in the United States. The company leases its data centers to the American and international technology companies to house, power, and cool the computer servers that support their critical business processes.

 

Strong weekly chart says that after a pullback this will likely continue higher, especially when looking at how strong the RSI is. It may not even pull back, but I wouldn’t be chasing it after the run it’s had. ┬áSafe dividend paying stock in an otherwise volatile market environment that should be on your watchlist.

 

dft

 

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