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Down 26%, Is Prologis Still a Buy?

TheMotleyFool

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Prologis (NYSE: PLD) was a standout performer in 2021. The logistics-focused real estate investment trust (REIT) gained nearly 70% last year, outpacing the REIT sector's roughly 40% average. However, shares have tumbled 26% from their peak this year. Most of that damage has happened in the past couple of weeks.

Here's a look at whether the stock is still a buy following the recent downdraft.

Image source: Getty Images.

Source Fool.com

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