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Public Storage (PSA): A Bull Case Theory

We came across a bullish thesis on Public Storage on R. Dennis’s Substack by OppCost. In this article, we will summarize the bulls’ thesis on PSA. Public Storage's share was trading at $304.11 as of February 24th. PSA’s trailing and forward P/E were 31.53  and 28.41 respectively according to Yahoo Finance.

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

Public Storage, a member of the S&P 500, is a REIT that primarily acquires, develops, owns, and operates self-storage facilities. PSA has...