STAG Industrial: My Only Industrial REIT Position Remains A Buy After Q2
STAGSTAG Industrial(STAG) Seeking Alpha·2024-08-06 13:02

OwenPrice STAG Industrial, Inc. (NYSE:STAG) has been my favorite and only industrial REIT pick since the publication of my original bull thesis in March, this year. The underlying thesis is rather simple: one of the lowest P/FFO multiples in the industrial REIT space in combination with robust cash flow growth prospects, which create favorable conditions for decent dividend hikes going forward. If we look at the total return performance so far, we will notice almost an exact correlation between STAG and the ...