Prologis (NYSE: PLD) is a giant real estate investment trust (REIT). It has achieved a great deal of success of late, which understates just how well the business has been performing. And yet investors have soured on the shares since their price hit a high-water mark in 2022.

If you have $200 to invest, strongly consider buying Prologis stock and holding it for a very long time, perhaps forever.

At its core, Prologis is a very boring REIT. It largely owns warehouses, which are basically just big empty boxes. What makes the company so attractive for customers is not the boxes, but the location of the boxes. It operates in all of the most important transportation hubs in the world. So with one relationship, a company could pretty much solve all of its warehouse needs.

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Source Fool.com