Here's the Top Stock on My Watch List Right Now – I Can't Believe How Cheap It Has Become

By Matt Frankel – Apr 20, 2024 at 6:33AM

NYSE: PLD

Prologis

Market Cap

$98B

Today's Change

(2.60%) $2.65

Current Price

$104.53

Price as of May 2, 2024, 4:00 p.m. ET

This leading REIT has a lot of hidden potential and is well off its highs.

Prologis (PLD 2.60%) is the largest real estate investment trust in the market, but the logistics real estate giant could still have lots of upside potential. Not only that, but the stock is down by about 20% from its recent highs. In this video, I'll give the details about why I'm finally planning to add Prologis to my portfolio.

*Stock prices used were the afternoon prices of April 17, 2024. The video was published on April 18, 2024.

Matt Frankel has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Prologis. The Motley Fool recommends the following options: long January 2026 $90 calls on Prologis. The Motley Fool has a disclosure policy.

Matthew Frankel is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.