Why You Should Retain Public Storage (PSA) Stock for Now

Public Storage (PSA) is well-positioned to expand in the self-storage market with its presence in key cities and high brand recognition. Moreover, PSA's technological advancements and healthy balance sheet are commendable. Its sustainable dividend payouts make it an attractive investment option. What's Aiding PSA? In addition, Public Storage has been capitalizing on growth opportunities. In September 2023, it acquired Simply Self Storage from BREIT for $2.2 billion. The 127 wholly owned facilities are geogr ...