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home / news releases / PSA - Public Storage: Store Away And Lock Up Your Shares For The Long Term

PSA - Public Storage: Store Away And Lock Up Your Shares For The Long Term

Public Storage

2024-02-12 15:07:00 ET

Summary

  • Public Storage is a self-storage company in the US with over 3300 locations and 238 million rentable square feet.
  • The company has consistently shown growth in rents and profitability and benefits from long-term industry tailwinds.
  • The recent quarter has shown positive indications for growth, which leaves me optimistic for F2024.
  • At a reasonable valuation, I believe Public Storage could be a reasonable income stock with growth potential to add to a well-diversified portfolio.

Company Overview

For further details see:

Public Storage: Store Away And Lock Up Your Shares For The Long Term
Stock Information
Company Name: Public Storage
Stock Symbol: PSA
Market: NYSE
Website: publicstorage.com
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