Here's Why Prologis Will Keep Winning in 2021 -- and Beyond
While 2020 has been a year to forget for most real estate investment trust (REIT) stocks, there have been a few bright spots. Data REITs and cell tower REITs have done well, as have the logistics REITs.
Prologis (NYSE: PLD) is the leader of the logistics REITs and has benefited directly from the COVID-19 crisis. Increased online shopping has increased the demand for storage space, especially near major cities. In order to provide satisfactory delivery times, inventory has to be held as close to the customer as possible. Prologis owns the properties where this inventory is stored.
That bodes well for this leader among logistics REITs and its investors in the year ahead. Here's more on why Prologis stock has some winning days in its future.
Source Fool.com
