Financially, Equinix is in strong shape, with a $540 million cash position that helps to offset the firm's $3 billion debt load. The firm should have no trouble generating the cash it needs to service its debt. As EQIX continues to assert its data center dominance in the cloud, investors should benefit in 2013.

To see this week's short squeezes in action, check out the of Foreign Short Squeezes portfolio on Stockpickr.

-- Written by Jonas Elmerraji in Baltimore.

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At the time of publication, author had no positions in stocks mentioned.

Jonas Elmerraji, CMT, is a senior market analyst at Agora Financial in Baltimore and a contributor to TheStreet. Before that, he managed a portfolio of stocks for an investment advisory returned 15% in 2008. He has been featured in Forbes , Investor's Business Daily, and on CNBC.com. Jonas holds a degree in financial economics from UMBC and the Chartered Market Technician designation.

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