Prologis Is A Bargain After Its Recent Price Drop
PLDPrologis(PLD) Seeking Alpha·2024-06-08 15:55

Olena_T/E+ via Getty Images Investment thesis Prologis (NYSE:PLD) is the biggest industrial REIT in the world. Its share price has recently dropped significantly, leaving the Company undervalued. That was a result of some headwinds surrounding the industrial property sector, which I believe to be temporary as there are signs indicating the upcoming market shift leading into an increasingly favorable supply-to-demand relationship. On top of that, PLD: has a fortress-like balance sheet owns a high-quality, we ...