Is PLD a good stock to buy?
We came across a bullish thesis on Prologis, Inc. on r/ValueInvesting by ermiasbraki
In this article, we will summarize the bulls’ thesis on PLD. Prologis, Inc.’s share was trading at $142.78 as of June 8th. PLD’s trailing and forward P/E were 36.32 and 33.78 respectively according to Yahoo Finance.
Pixabay/Public domain Prologis, Inc. (PLD) is increasingly being viewed as more than a traditional logistics REIT, with the company positioning itself as a large-scale infrastructure and data center platform that could justify a materially higher valuation over time. As the world’s largest logistics real estate investment trust, Prologis owns approximately 1.3 billion square feet of logistics space across 19 countries, with nearly 62% concentrated in the United States. 15 AI Stocks That Are Quietly Making Investors Rich Undervalued AI Stock Poised For Massive Gains: 10000% Upside Potential The company delivered strong first-quarter results, reporting core FFO of $1.50 per share ahead of expectations, revenue growth of 7.4% year-over-year to $2.3 billion, cash same-store NOI growth of 8.8%, occupancy of 95.3%, and an exceptional 31.9% net rent change. Management also raised 2026 core FFO guidance to $6.07-$6.23 per share while increasing the quarterly dividend by 6%.