Prologis: Q2 2024 Results Update - Still A Strong Buy

Hiroshi Watanabe/DigitalVision via Getty Images Investment Thesis I bought a certain stake of shares around the time of my last publication on Prologis (NYSE:PLD). That was my first position in the Company and I consider adding more despite its recent stock price increases. Despite a decrease in occupancy rate, it is still solid given the market headwinds, which are likely to turn around in 2025. Moreover, PLD achieved high rent bumps, increased its 2024 acquisition volume and core FFO guidance, and has ...