NYSE:PLD
Prologis (PLD)
133.82
-0.14 (0.10%)
as of Sep 24, 2026, 8:00:00 pm Market Open.
73 watching
Financials 
Technical Analysis 0
HOLD
COMMENT
COMMENT
PLD or EQIX? He likes PLD in this space. Customers are Amazon, FedEx, etc. EQIX is data warehousing in the cloud. He likes both of these companies.
Robert LauzonUnknown
investment companiesfunds
TOP PICK
Global leader in logistics real estate. In 19 countries. US industrial fundamentals are solid. Significant acquisitions, which will drive growth. Calling for nearly 10% earnings growth year over year. Should be a core real estate holding. Yield is 2.43%. (Analysts’ price target is $90.72)
Michelle WearingOwned
investment companiesfunds
PAST TOP PICK
(A Top Pick Aug 16/18, Up 35%) The largest warehouse holders in the world. They have a solid platform around their business. He says 2% of global GDP flows through their warehouses. They are using that understand the data of the flows through their assets and use that to better their client services. He sees this as value that will continue to feed on itself.
Joshua VargheseOwned
investment companiesfunds
BUY ON WEAKNESS
If you want good global REIT exposure own PLD-N. WIR.U-T raised equity and this has resulted in a share drop today. This is not a high conviction name -- you don't have to own it. We have gone through the most bullish industrial run up over the past few years and we have not seen their cash flows really increase. He is starting to see supply of industrial space increasing and some of their leases expiring soon -- this could challenge their cash flow going forward. He would buy on a pullback.
investment companiesfunds
BUY ON WEAKNESS
An incredible REIT with one of the finest management teams. One of the largest logistic companies in the world. He did trim his holding because of the value it had become. He would buy back on weakness somewhere in the high $70's range.
Jeffrey F. OlinOwned
investment companiesfunds
COMMENT
Warehouse REITs? Industrial and warehouse assets have become a buzz phrase. Storing assets closer to retail consumers is a real thing. This requires companies to revamp their entire supply chain and warehousing is critical and it only represents about 5% of a retail cost -- it is still pretty cheap. He would favour PLD-N in the US. It is a little expensive right now. He likes them because they are exploring their own business model to help companies get better value for their space. Overtime this will lead to a better revenue stream for them.
investment companiesfunds
BUY
Largest global industrial player. Predicts a very strong year. Q1 raised guidance to 7%. US fundamentals are very strong. Growth last year was over 8%. Great name, with strong opportunity. Lots of liquidity for their current transaction.
Michelle WearingOwned
investment companiesfunds
PAST TOP PICK
(A Top Pick Aug 16/18, Up 3%) He likes the return given how the general market has retraced lately. Their cash flow growth is 15% annually and he does not see that slowing down soon. They are adding services to their retail tenants and that will separate them from the crowd.
Joshua VargheseOwned
investment companiesfunds
TOP PICK
Well-know player in the industrial space. 1-2% of global GDP flows through their buildings. They will lead who rents are set in the industrial space. Huge in Asia, Europe and North America. (3% dividend yield)
Joshua VargheseOwned
investment companiesfunds
DON'T BUY
This owns industrial warehouses and distribution centres, which they rent out to companies. In 2008, the stock fell down to $1-$2 per share, so it is very much a cyclical play. Wouldn’t buy any of the industrial REITs, but would prefer looking at an apartment REIT such as Apartment Investment & Management (AIV-N), which will give you the same kind of returns, with a lot less risk.
investment companiesfunds
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Industrial warehousing is one of his favourite asset classes. It caught up to its net asset value some time ago. He prefers DIR.UN-T Industrial and WIR.U-T REIT.