Extra Space Storage, Inc. (NYSE:EXR)

CAPS Rating: 3 out of 5

A self-administered and self-managed real estate investment trust, which owns, operates, acquires, develops and redevelops professionally managed self-storage facilities.

Recs

0
Player Avatar pnouri (92.01) Submitted: 11/11/2007 7:01:09 AM : Outperform Start Price: $13.85 EXR Score: +32.61

I think if you own this equity in 6 months or five years you'll do great. I argue that if we head into a recession, people need a place to store their possesions still. The yield is also very good on EXR at over 5%. The company has historically done a great job purchasing and integrating new storage sites. I think this is a safe bet in a turbulent market.

Featured Broker Partners


Advertisement