Duke Realty Corp. (NYSE: DRE) has been around since 1972 and since going public in 1993 it has produced an enviable total return for shareholders. The Indianapolis-based company is a real estate investment trust (REIT) with a growing portfolio of 545 facilities containing 162-million square feet of space in 19 key logistics markets across the country. Duke Realty gets 99% of its revenue from rents and has been adept at leveraging that demand. Read More...
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Why AMD Stock Rocketed Higher Today
What really may be exciting investors, however, in addition to all the new product announcements, is the fact that investment bank Cowen & Co. apparently just named AMD as one of its top picks in semiconductor stocks. The big news in semiconductors Tuesday, after all, was Cowen’s recommendation of AMD’s larger competitor, Nvidia (NASDAQ: NVDA), which Cowen named a “top pick” in the industry based on projections the company could earn $28 a share in 2030, and book $140 billion in revenues. In February, that analyst raised his target price for AMD stock to $160.
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