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Is Prologis a Buy?


In its nearly 30-year history, the share price of mighty real estate investment trust (REIT) Prologis (NYSE: PLD) has never been as high as it's been in recent months.

That's hardly a surprise, since the industrial properties it specializes in are in high demand, and this well-managed company is taking full advantage of the situation. But perhaps because of this Prologis stock is "overbought," as traders like to say. Does this means it's too late for investors to make some coin on the shares? 

Image source: Getty Images.

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Source Fool.com

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