AIEQ0.610%
as of Oct 26
EQIX
DefensiveEQUINIX INC
Equinix, Inc. shortens the path to boundless connectivity anywhere in the world. Its digital infrastructure, data center footprint and interconnected ecosystems empower innovations that enhance our work, life and planet. Equinix connects economies, countries, organizations and communities, delivering seamless digital experiences and cutting-edge AI quickly, efficiently and everywhere.
Close · 3M
-10.27%
Held by 1 AI ETF
Signal performance
Each tracked ETF's moves on this stock, grouped by fund. Returns are measured from the signal date to the latest close — hypothetical, no commissions or slippage.
Buy signals10
Win rate0% (0/10)
Avg buy return-9.79%
AIEQ · Weight decrease · 2d
weight 0.650% → 0.630% (-0.020 pp)·stock up 0.2% in the 30 days before
Oct 9·entry $1026.06·now $955.03
-6.92%
since Oct 9
AIEQ · Weight increase · 2d
weight 0.050% → 0.650% (+0.600 pp)·stock up 0.6% in the 30 days before
Oct 2·entry $1025.72·now $955.03Fresh
-6.89%
since Oct 2
AIEQ · Sudden change · 1d
weight 0.050% → 0.640% (+0.590 pp)·stock down 1.5% in the 30 days before
Oct 1·entry $1012.33·now $955.03
-5.66%
since Oct 1
AIEQ · New entry · 1d
weight 0 → 0.050% (new)·stock down 0.4% in the 30 days before
Sep 1·entry $1027.59·now $955.03Fresh
-7.06%
since Sep 1
AIEQ · Exit · 1d
weight 0.420% → 0 (exited)·stock up 0.6% in the 30 days before
Aug 2·entry $1031.44·now $955.03
-7.41%
since Aug 2
AIEQ · Weight decrease · 2d
weight 0.440% → 0.410% (-0.030 pp)·stock up 0.5% in the 30 days before
Jul 30·entry $1047.53·now $955.03
-8.83%
since Jul 30
AIEQ · Weight increase · 2d
weight 0.410% → 0.440% (+0.030 pp)·stock down 1.0% in the 30 days before
Jul 26·entry $1046.79·now $955.03Fresh
-8.77%
since Jul 26
AIEQ · New entry · 1d
weight 0 → 0.420% (new)·stock down 3.5% in the 30 days before
Jul 1·entry $1013.62·now $955.03Fresh
-5.78%
since Jul 1
-9.11%
since May 30
PQUS · Exit · 1d
weight 0.090% → 0 (exited)·stock down 0.3% in the 30 days before
Aug 28·entry $1044.41·now $955.03
-8.56%
since Aug 28
PQUS · Weight decrease · 3d
weight 0.690% → 0.320% (-0.370 pp)·stock up 0.7% in the 30 days before
Aug 8·entry $1043.38·now $955.03
-8.47%
since Aug 8
PQUS · Weight decrease · 2d
weight 0.690% → 0.330% (-0.360 pp)·stock up 0.7% in the 30 days before
Aug 7·entry $1042.62·now $955.03
-8.40%
since Aug 7
PQUS · Weight decrease · 2d
weight 0.740% → 0.700% (-0.040 pp)·stock up 0.6% in the 30 days before
Jul 31·entry $1019.28·now $955.03
-6.30%
since Jul 31
PQUS · Weight decrease · 2d
weight 0.770% → 0.750% (-0.020 pp)·stock down 5.2% in the 30 days before
Jul 16·entry $1009.14·now $955.03
-5.36%
since Jul 16
PQUS · Weight increase · 2d
weight 0.750% → 0.770% (+0.020 pp)·stock down 0.8% in the 30 days before
Jul 12·entry $1039.53·now $955.03Fresh
-8.13%
since Jul 12
PQUS · Weight decrease · 2d
weight 0.850% → 0.760% (-0.090 pp)·stock down 6.5% in the 30 days before
Jul 3·entry $998.84·now $955.03
-4.39%
since Jul 3
PQUS · Weight increase · 3d
weight 0.720% → 0.760% (+0.040 pp)·stock up 2.0% in the 30 days before
Jun 26·entry $1091.30·now $955.03Fresh
-12.49%
since Jun 26
PQUS · Weight increase · 2d
weight 0.720% → 0.750% (+0.030 pp)·stock up 0.9% in the 30 days before
Jun 25·entry $1087.61·now $955.03Fresh
-12.19%
since Jun 25
PQUS · Weight increase · 2d
weight 0.700% → 0.730% (+0.030 pp)·stock up 4.2% in the 30 days before
Jun 19·entry $1115.94·now $955.03Fresh
-14.42%
since Jun 19
PQUS · Weight decrease · 2d
weight 0.720% → 0.700% (-0.020 pp)·stock down 2.0% in the 30 days before
Jun 13·entry $1064.38·now $955.03
-10.27%
since Jun 13
PQUS · Weight increase · 2d
stock down 0.6% in the 30 days before
Jun 7·entry $1062.74·now $955.03Fresh
-10.14%
since Jun 7
-12.08%
since May 10
Sell signals show what the stock did after the AI exited. A negative number means the AI's exit was well-timed.
Buffett-style framework
Fails the frameworkas of Oct 11
AIEQ made a large jump into EQIX around October 1-2, taking the weight from near zero to about 0.65%, then trimmed it slightly to 0.63%, while QRFT holds a small 0.22% position. This accumulation conflicts with the Fail verdict, since the AI appears to be buying on momentum and growth themes such as AI-driven data center demand, whereas a Buffett-style read objects to the valuation and the sub-par ROE. The small size and the early trim suggest the conviction is modest.
- Circle of CompetenceColocation and interconnection revenue comes from long-term recurring contracts with high renewal rates, so unit economics are stable enough to project ten-year cash flows, though heavy capital needs and AI-driven demand add some uncertainty.
- Economic MoatNetwork effects from dense interconnection ecosystems, high switching costs for customers embedded in its facilities, and scarce power-ready sites create a durable advantage.
- ManagementCandour and capital allocation cannot be judged from the data provided, and the REIT structure with ongoing equity issuance and heavy development spending would need a closer look at per-share value creation.
- Financial HealthROE of 10.76% falls short of the 15% threshold, EV/EBITDA near 28 implies a significant debt load, and owner earnings are squeezed because growth capex is large relative to maintenance capex.
- Margin of SafetyA PER of 66.7, a price-to-book of 5.3 and an EV/EBITDA of 27.8 leave no visible margin of safety against a conservative estimate of intrinsic value, even for a high-quality franchise.
Equinix passes the circle of competence and moat tests thanks to its interconnection network effects and sticky contracts. It fails on financials and price because returns on equity are mediocre, capital intensity is high, and the valuation offers no margin of safety. A wonderful business at a rich price still does not clear this framework.
Educational interpretation generated by AI applying frameworks Warren Buffett documented in his shareholder letters and other public writings. Not a statement by Mr. Buffett or Berkshire Hathaway, and not investment advice.