Core Insights - Prologis, Inc. is the world's largest industrial real estate investment trust (REIT) with a market cap of $119 billion, specializing in logistics facilities [1][2] - The company operates a global portfolio of nearly 1.3 billion square feet across about 20 countries, serving over 6,500 customers [1] - Prologis is positioned in high-growth markets and benefits from trends like e-commerce expansion and supply-chain modernization, solidifying its leadership in logistics real estate [2] Financial Performance - Prologis reported third-quarter earnings with an EPS of $0.82 and core FFO of $1.49, reflecting a 4.2% year-over-year increase, while total revenue rose 8.7% to $2.2 billion [5] - The company's occupancy rate reached 95.3%, with same-store net operating income increasing by 3.9% on a net-effective basis and 5.2% on a cash basis [5] - Leasing activity was robust, with a record 62 million square feet signed, and rental growth accelerated, showing nearly 49% net-effective rent change and about 29% on a cash basis [5] Stock Performance - Prologis stock reached a 52-week high of $129.28 and has gained 15.1% over the past three months, outperforming the Dow Jones Industrial Average's 4.4% rise [3][4] - Year-to-date, PLD stock prices have increased by 21.3%, and 10.3% over the past 52 weeks, compared to the Dow Jones's 11.5% and 5.7% gains respectively [4] - The stock has consistently climbed above its 50-day and 200-day moving averages since early August, indicating a positive trend [4]

Core Insights - Cardinal Health (CAH) is establishing a new pharmaceutical distribution facility in Indianapolis, enhancing its supply-chain modernization efforts and aiming for over 70,000 daily deliveries of pharmaceutical and specialty products nationwide [1][4] - The 230,000-square-foot facility will utilize a robotic storage and retrieval system, enabling real-time inventory management and intelligent order fulfillment, setting a new standard in automated distribution [2][7] - Cardinal Health's stock has increased by 31.3% this year, significantly outperforming the industry growth of 1.1% and the S&P 500 Index's gain of 15.1% [3] Investment and Expansion Strategy - The Indianapolis facility, expected to be operational by fall 2027, is part of a broader multi-year transformation strategy that includes recent infrastructure upgrades and automation enhancements [4][11] - The company has also opened a Consumer Health Logistics Center in Groveport, OH, and a distribution center in Fort Worth, TX, adding over 750,000 square feet of distribution capacity in three years [9][10] - Cardinal Health's investments across pharmaceutical, consumer health, and at-home care sectors are designed to improve logistics efficiency, reduce transit times, and enhance customer service [10][12] Market Outlook - The healthcare distribution market is projected to grow to $2.2 trillion by 2034, with a compound annual growth rate (CAGR) of 7.1%, driven by rising demand for specialty drugs and home-based care [12] - Cardinal Health's strategic investments position the company to capitalize on this market growth, enhancing its competitiveness and potential for long-term shareholder value [12]