PSA News and Press, Public Storage From 04/11/21

U.S. equity markets climbed to fresh record highs this week amid a pullback in interest rates and inflation expectations as the global growth outlook has been tempered by ongoing COVID issues abroad. Climbing to fresh record highs, the S&P 500 gained another 2.7% on the week while...

Public Storage (NYSE:PSA) announced today it intends to release its first quarter 2021 earnings results on Wednesday, April 28, 2021. A conference call is scheduled for Thursday, April 29, 2021, at 9:00 a.m. (PDT) to discuss these results. Company Information Public Stor...

Shares of Public Storage (NYSE:PSA) traded at a new 52-week high today of $259.44. This new high was reached on below average trading volume as 120,000 shares traded hands, while the average 30-day volume is approximately 785,000 shares. Public Storage owns and operates over 2,500 self-s...

Go long Public Storage (PSA) vs short Extra Space Storage (EXR), Hedgeye recommends for its best ideas list.Recommends shorting Extra Space with potential for ~15% downside as growth will likely decelerate for several quarters going into 2022, according to Hedgeye analyst Rob Simone.Recommend...

U.S. equity markets rallied to fresh record-highs this past week on data showing faster-than-expected job growth and continued strength behind the housing market while jitters over rising interest rates calmed. Closing the holiday-shortened week at record highs, the S&P 500 gained...

Because they offer such a high yield, closed end funds can appear attractive, especially to passive investors. Among REIT CEFs, RQI is widely regarded as one of the very best. However, RQI and CEFs, in general, suffer from 3 big problems, and for this reason, we avoid most of them...

Global electric car sales for Feb. 2021 up 136% YoY reaching ~4-5% share. Europe sales up 66% YoY reaching 14% share, China sales rose 500% YoY reaching 9% share. EV market news - EU plotting ban on internal combustion engine as of 2025: Industry. UBS increases EV market share forecas...

Is Bad News is Good News Again? U.S. equity markets rebounded this past week as lukewarm economic data and renewed COVID concerns halted the surge in interest rates and calmed market jitters. Closing within 1% of record highs, the S&P 500 jumped 1.7% this past week led b...

Real estate investment trusts ('REITs') are popular with income seeking investors in the current low interest rate environment. In this article, we highlight five of our favorite REITs in the data center, self-storage, and commercial property industries that represent prime income gen...

U.S. equity markets finished modestly lower on a choppy week as assurances from the Fed of a "lower-for-longer" policy regime didn't slow the continued march higher in long-term interest rates. Retreating from record closing highs last week, the S&P 500 declined by 1.2% this past ...