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Is EastGroup Properties, Inc. (EGP) A Good Stock To Buy Now?

Is EGP a good stock to buy? We came across a bullish thesis on EastGroup Properties, Inc. on X.com by @MoneyShow. In this article, we will summarize the bulls’ thesis on EGP. EastGroup Properties, Inc.'s share was trading at $202.48 as of June 9th. EGP’s trailing P/E was 36.04 according to Yahoo Finance.

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EastGroup Properties Inc. (EGP) is benefiting from continued strength in Sunbelt industrial real estate markets, where demand for logistics and distribution facilities remains...