Phillips Edison: Defensive REIT That Is Well Positioned In The Current Macro Environment

I give a buy rating for Phillips Edison (NASDAQ: PECO ) as I thought the 1Q25 update demonstrated just how well-positioned the business is in today's uncertain environment. With 71% of its rent coming from necessity-driven tenants and demandI’m a fundamental, valuation-driven investor with a strong focus on identifying businesses that have the potential to scale over time and unlock massive terminal value. My investment approach centers around understanding the core economics of a business—its competitive m ...