HomeBusinessThis is currently the best stock on my watchlist. I can't...

This is currently the best stock on my watchlist. I can’t believe how cheap it has become

Prologis (NYSE: PLD) is the largest real estate investment trust on the market, but the logistics real estate giant could still have plenty of upside potential. Not only that, but the stock is also down about 20% from its recent highs. In this video I provide details on why I’m finally planning to add Prologis to my portfolio.

*The stock prices used were the midday prices of April 17, 2024. The video was published on April 18, 2024.

Should You Invest $1,000 in Prologis Now?

Before purchasing shares in Prologis, consider the following:

The Motley Fool stock advisor The analyst team has just identified what they think is the 10 best stocks for investors to buy now… and Prologis wasn’t one of them. The ten stocks that survived the cut could deliver monster returns in the coming years.

Think about when Nvidia created this list on April 15, 2005… if you had $1,000 invested at the time of our recommendation, you would have $518,784!*

Stock Advisor provides investors with an easy-to-follow blueprint for success, including portfolio building guidance, regular analyst updates, and two new stock picks per month. The Stock Advisor is on duty more than quadrupled the return of the S&P 500 since 2002*.

View the 10 stocks »

*Stock Advisor returns April 15, 2024

Matt Frankel has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Prologis. The Motley Fool recommends the following options: Long $90 January 2026 calls on Prologis. The Motley Fool has a disclosure policy.

Matthew Frankel is an affiliate of The Motley Fool and may receive compensation for promoting his services. If you choose to subscribe through their link, they will earn some extra money to support their channel. Their opinions remain their own and are not influenced by The Motley Fool.

Here’s the Best Stock on My Watchlist Right Now – I Can’t Believe How Cheap It’s Become, originally published by The Motley Fool

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