Prologis: Still On Track If Deglobalization Continues
Prologis(PLD) Seeking Alpha·2024-08-15 04:38
PixelbizzIntroduction I wrote an article about Prologis (NYSE:PLD) a bit more than a year ago in July 2022: "Prologis: Deglobalization Could Be The Next Dominant Tailwind For This REIT." I rated Prologis as a "buy" due to "deglobalization" being a major tailwind for the stock. Since then, Prologis' stock has had a price return of -4.58% and a total return of -1.74% against the S&P 500's return of 18.62%. In my first article, I explained how deglobalization could unfold in the coming years and how that c ...