Recent market volatility has pushed the stock market into official bear territory twice this year. The market has recovered slightly, but it still appears to be on a bear market trajectory. Bear markets, as uncomfortable as they may be, aren't a time to fret or panic sell. It is a time to buy and hold top stocks.
Two top stocks in the real estate industry today are Prologis (NYSE: PLD) and American Tower (NYSE: AMT) . While both stocks are down this year, here's why investors should hold onto these stocks through the bear market and well after the next market recovery.
Real estate investment trust ( REIT ) Prologis is the largest industrial operator in the world and one of the largest REITs by market capitalization. The company, which has heavy ties to the rapidly expanding e-commerce industry, owns and leases 1 billion square feet of warehouses, industrial bays, logistics centers, and last-mile distribution centers across four continents.
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2 Top Stocks to Hold Throughout the Bear Market