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Equinix Is Right on Time for the Cloud Computing, Internet of Things Revolutions


NEW YORK (TheStreet) -- Shares of Internet infrastructure company Equinix (EQIX - Get Report) are on fire, and CEO Steve Smith couldn't be more bullish.

"We're very fortunate that the purpose of our business is to help companies get in the middle of the greatest trends in the history of technology," he said. "We're in the middle of the cloud computing paradigm shift and we're assisting companies moving towards this Internet of Things shift" -- the growing trend of connecting physical objects to the Internet.

The stock is up about 17% since the start of the year...