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Better Dividend Stock to Buy in 2023: Prologis or Digital Realty Trust?

TheMotleyFool

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Better Dividend Stock to Buy in 2023: Prologis or Digital Realty Trust?: https://g.foolcdn.com/editorial/images/713979/pink-hair-thinking-looking-to-side.jpg

Data centers and industrial property are two of the fastest-growing industries in the commercial real estate (CRE) market today. Both CRE sectors have seen unprecedented growth over the last few years as limited supply and high demand have driven up rental rates.

Prologis (NYSE: PLD) and Digital Realty Trust (NYSE: DLR) are two of the dominant leaders in these respective industries. Despite both reporting strong earnings, the stocks are down 32% and 43%, respectively, this year.

Considering both have long-term demand drivers that should help them soar in the next bull market, let's see which stock is the better buy of the two today.

Source Fool.com

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