A Hidden Catalyst Could Power This Growth Stock for Years to Come
Prologis (NYSE: PLD) is a real estate behemoth. The company owns over 5,000 buildings with more than 1.2 billion square feet of rental space across 19 countries. It's currently the largest publicly traded real estate investment trust (REIT), with a market cap of more than $100 billion.
Rental income is the company's primary revenue driver, which won't change. However, Prologis has been adding incremental revenue streams to drive additional growth over the years.
One source is Prologis Essentials, a platform of solutions to help customers solve some of their biggest issues. In particular, its focus on providing energy essentials could be a hidden catalyst that helps power incremental growth for the industrial REIT in the coming years.
Source Fool.com
