Prologis: Logistics Giant, Data Centers Growth, And Its Expensive Preferreds (NYSE:PLD)

Core Insights - Prologis (PLD) holds the largest logistics portfolio globally, supported by an investment-grade balance sheet and a growing data center business, which may continue to drive stock prices higher despite a 21% year-to-date price return, outperforming the S&P 500's 16% return [1] Group 1: Company Overview - Prologis is recognized for its extensive logistics portfolio, which is the largest in the world [1] - The company has an investment-grade balance sheet, indicating strong financial health [1] - Prologis is expanding its data center business, which is expected to contribute positively to its stock performance [1] Group 2: Market Context - The equity market serves as a significant mechanism for wealth creation or destruction over the long term, influenced by daily price fluctuations [1] - Pacifica Yield is focused on long-term wealth creation, targeting undervalued high-growth companies, high-dividend stocks, REITs, and green energy firms [1]