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Extra Space Storage Inc. (EXR): A Bull Case Theory

We came across a bullish thesis on Extra Space Storage Inc. on Compounding Quality’s Substack. In this article, we will summarize the bulls’ thesis on EXR. Extra Space Storage Inc.'s share was trading at $146.36 as of February 13th. EXR’s trailing and forward P/E were 32.74 and 30.12 respectively according to Yahoo Finance.

[caption id="attachment_975733" align="aligncenter" width="768"] Photo by JOSHUA COLEMAN on Unsplash[/caption]

Extra Space Storage is the largest self-storage operator in the United States by store count, managing more than 4,200 properties and over 326...