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Prologis: Pivoting To AI Data Centers In A Profitable Way
PLDPrologis(PLD) Seeking Alpha·2024-09-18 13:12

Pivoting to AI infrastructure with its data center business, Prologis (NYSE: PLD ) is evolving beyond just an industrial REIT. Moreover, it was trading around 129.28atthetimeofwriting,wellbelowitsApril2022highofnearly129.28 at the time of writing, well below its April 2022 high of nearly 173 when the FederalAs a tech-focused industry Research Analyst, I aim to provide differentiated insights, whether it is for investing, trading, or informational reasons. For this purpose, I am not a classical equity researcher from the financial sector, but, I come from the IT ...