Public Storage (NYSE:PSA)

CAPS Rating: 2 out of 5

The Company is a fully integrated, self-administered and self-managed REIT that acquires, develops, owns and operates self-storage facilities.


Player Avatar NostraDodger (< 20) Submitted: 1/10/2009 10:03:49 PM : Underperform Start Price: $55.16 PSA Score: -73.10

I can't say whether this stock will under perform the S&P, because they're both going to take a beating. That said; Public Storage will come down hard, because we're in the grips of deflation.
Who, in their right mind, will pay to store old junk; when they can use this money to buy new items at 90% off? When money gets tighter, which it will, you can expect to see storage renters take a hike - and leave the owners with this junk to haul away.

Report this Post 3 Replies
Member Avatar bankswillfail (49.60) Submitted: 10/27/2009 9:57:09 PM
Recs: 1

although the millions who have foreclosed on their homes and the millions who WILL foreclose on their homes in early 2010 may need a place to store there stuff

Member Avatar SeanGone (< 20) Submitted: 11/7/2010 12:42:08 AM
Recs: 0

everything i have left is in storage...with Public Storage no less.

Member Avatar Bobmoll36 (35.60) Submitted: 1/4/2013 2:02:39 PM
Recs: 0

Why they show this is a mystery. Guy was way off and with rentals going big, storage will follow. Houses are gettig beter but will be smaller to capture the main market.

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