Americold's Strong Growth Potential Still Needs To Be Proven

LebazeleAmericold (NYSE:COLD) is a cold storage REIT with 18.3% market share in North America, making it the second-largest player behind the soon to IPO, Lineage Logistics. Why Americold should be on your watchlist While COLD trades at a fairly high multiple today, the growth implied by consensus Wall Street estimates would easily overcome that multiple in a matter of a few years. We are not ready to buy COLD yet, as we view it as a “show me” stock in the sense that its growth potential relies on impro ...