Based on the average brokerage recommendation (ABR), Prologis (PLD) should be added to one's portfolio. Wall Street analysts' overly optimistic recommendations cast doubt on the effectiveness of this highly sought-after metric. So, is the stock worth buying?
In a significant step toward building out California's infrastructure for clean transportation, Prologis, Inc. (NYSE: PLD) and Performance Team – A Maersk Company, announced today the launch of Southern California's largest heavy-duty electric vehicle (EV) charging depot, located near the Ports of Los Angeles and Long Beach and powered by the nation's largest EV truck microgrid.
In the most recent trading session, Prologis (PLD) closed at $109.22, indicating a -1.25% shift from the previous trading day.