PSA News and Press, Public Storage From 10/04/22

Summary Global electric car sales August 2022 - Up 60% YoY to 15% share. China sales up 92% YoY to 30% share. Europe up 3% YoY to 21% share. US ~6% share. EV market news - BloombergNEF: More than half of US car sales will be electric by 2030. IEA: Global "EVs to account for 60% of...

Summary RQI's discount has widened significantly with the volatile market. With the overall decline in the REIT space, this name is starting to get really interesting. If we see a mild recession, dividends should continue to hold up well, which could see the real estate space ...

Summary RQI is leading my real estate CEF ranking now. Fast facts on this fund. Past performance. Buy-and-hold vs. rotational strategy. Ranking real estate closed-end funds Academic research shows that CEFs (closed-end funds) with a positive discount to N...

Summary REITs have dropped by 30% on average in 2022. Smaller REITs have dropped even more than that and are now offered at heavily discounted valuations. We highlight 3 smaller and lesser-known REITs that we are buying. Real estate investment trusts ("REITs") are do...

Public Storage (NYSE:PSA) announced today that Chief Executive Officer Joe Russell, together with leaders from across the company, will celebrate its 50 th Anniversary by ringing the New York Stock Exchange Opening Bell at 9:30 a.m. (EDT) on Friday, September 30, 2022. Public St...

With the stock market falling further after the recent Federal Reserve meeting, it may not seem like there's much to love about the stock market right now. But investors shouldn't forget that the stock market has rebounded from all bear markets in the past , eventually going on to s...

Higher interest rates and debt costs are leading to a slowdown in investment sales activity in the self-storage REITs sector, WealthManagement.com reported . Rents are record high and there is a strong demand for self-storage units, but fewer deals are happening in the ...

The past year has been brutal for investors who own a lot of growth stocks listed on the Nasdaq. The Nasdaq Composite Index currently sits 28% below its 52-week high, putting it squarely in bear market territory. Meanwhile, many of its components have tumbled even further. ...

Summary The iREIT team continues to grow in personnel and capabilities. We remain focused on providing the best REIT research in the market. As part of fulfilling that objective, we’ve distilled the key aspects of REIT analysis into a two-part special series. This is the fi...

Summary Although the ticker symbol says UHAL, don’t be confused, because the company is known by another name: AMERCO. UHAL has been a household name for over 75 years, and like many other successful ventures, the concept for U-Haul was generated out of need. AMERCO is ...