PLD 是一只被低估、潜力巨大的股票，其驱动力来自物流领域的主导地位、与 Amazon 的关系以及 AI 数据中心基础设施方面的优势。

That's why I feel that Prologis, ticker symbol (PLD), is one of the most attractive stocks in the entire market right now. Because investors right now still treat it like a boring, traditional real estate stock , and we know that Real Estate Investment Trusts (REITs) have been under a lot of pressure and their value has fallen for years since the end of the pandemic.

But where others see pessimism, I see a tremendous long-term opportunity. In my opinion, this stock is one of the most overlooked and undervalued profit-generating monsters in the market right now.

In fact, they have a very strong relationship with Amazon, which gives them a kind of immunity that is almost impenetrable. So in today's video, I'm going to give you some reasons why I'm collecting stocks at today's low prices while I still can.

Firstly, the business is absolutely amazing, and there are several reasons for that which we will delve into in a few moments. But let 's start first with the share price itself, because I feel there's a lot of value to be found there as well.

Historically, this giant real estate stock has always seen its price rise , with the possible exception of some rare dips during periods of overall economic recession. But those declines were not due to any mistake made by Prologis, but simply due to investors turning away from the real estate sector as a whole.

This is also why we have seen this significant decline recently, with the stock now having lost about a quarter of its value from its highest point. It has seen virtually no real gains over the past five years.

Again , this is not normal behavior for a stock like this, especially one that—and we will delve into the nature of this business in a moment— I believe holds enormous future potential in multiple huge and growing markets such as e-commerce, artificial intelligence, and even energy now, if you can believe it.

However , another thing this contraction caused was that it left behind very attractive dividend payouts. Distributions that do not exceed 3% returns, but are also among the best growing dividend distributions , with a double-digit growth rate and more than a decade of consecutive increases.

This combination of already strong returns with continued solid growth is rare in the market, and it is the exact definition of what we call a " dividend investment that lets you sleep soundly at night" that you can hold for the long term.

But why is this stock being held back by Wall Street in the first place? Well, as I said, it all comes down to concerns about overall interest rates and what might be called a widespread misunderstanding of commercial real estate .

So, over the past two years, as interest rates have risen, the market has completely shed anything labeled a " Real Estate Investment Trust" (REIT), as investors assumed that higher borrowing costs and a likely economic slowdown would inevitably crush commercial property values.

And again, especially after the pandemic. But I feel that Wall Street overreacted when it came to Prologis, because they treated it—excuse me, I always mispronounce its name— as just another owner of struggling offices or retail spaces.

Completely ignoring the fact that global supply chains, e-commerce fulfillment, and artificial intelligence infrastructure are all experiencing unprecedented levels of increased demand.

In fact, their business is booming , to the point that I feel their future prospects look more promising than ever when looking at some of the different things here.

Now, let's begin. Prologis is the undisputed queen of logistics real estate. We are talking about 1.3 billion square feet spread across approximately 6,000 buildings in 20 different countries.

To give you some context about how important this company is to global logistics, $3.2 trillion worth of goods flow through Prologis warehouses every year. Guys, that's about 3% of the entire world's GDP , passing right through the doors of this one company.

This global presence caters to the needs of a huge and extremely diverse base of nearly 6,500 different customers.

But this is where their competitive advantage becomes more legendary in my opinion. This is actually the best part for me as an investor, because when you look at their biggest tenants, you find the giant Amazon at the top of the list.

In fact, Prologis is the first and largest supplier of warehouses that it leases directly to Amazon. Because of this, owning shares in Prologis is considered to be like owning an indirect stake in Amazon itself as well .

Well, Prologis owns that very distinguished property. Because of that, I'm sorry, but I can't imagine this company ever failing. Because in order for them to fail, Amazon would also have to fall. This is simply not something that will happen.

Well, owning Prologis is like owning one of the most important pieces of that entire empire, that ecosystem out there. But with a low share price that I believe will rise significantly in the future, and with very attractive dividend payouts, which Amazon does not offer, by the way.

There are many other aspects that also make it an attractive option. This gives them a diversity that extends beyond this range as well. In fact, this relationship is not limited to cardboard boxes and e-commerce .

Because as Amazon Web Services – the world’s largest cloud computing provider by a wide margin – continues to consolidate its dominance in artificial intelligence and the cloud, its need for massive data centers and power sources for that infrastructure increases.

Well , guess who owns the land and electricity networks needed to provide most of these needs? Prologis Company.

But because Wall Street focuses too much on the rest of the economy, it overlooks this crucial opportunity.

Creating an AI data center today is extremely difficult. You can't simply put high-density graphics processing units inside an empty building and consider it done. You need prime land.

You need to be close to the main fiber optic lines with direct access to those routes. You need local subdivision approvals which can take years to obtain. You need dedicated high-voltage substations , which you may have to wait years just to be able to purchase.

Most importantly, you need a huge amount of dedicated electricity that local power grids may not be able to supply.

In fact , energy has now become the biggest obstacle facing the entire artificial intelligence revolution , at least in my opinion . Because even with giant technology companies having all the money to buy chips and any other artificial intelligence needs, local electricity companies are still telling them to this day that they have to wait five, seven or even ten years to get connected to the grid.

Well, Prologis has a stock of prime development land worth over $40 billion, which is pre-approved and ready for construction. In addition, where their buildings already exist, they are simply converting existing warehouses into dedicated AI data centers, cutting construction time by years.

To support all of that, they have already entered into agreements with electricity utility companies to provide nearly 6 gigawatts of power. For your information, 1 gigawatt alone is roughly equivalent to providing energy for about 750,000 homes.

So, we are talking here about a tremendous amount of energy, which is indeed their golden ticket to capitalize on the AI boom.

Because right now , as I said, the electricity companies are telling the tech giants that they have to wait a very long time before they can even connect to the grid. Well, Prologis had already stood in that queue.

They have already secured access to electricity. They already have the buildings, and they offer any tech company that chooses to partner with them something akin to a "cheat code" to bypass that years-long wait.

In addition, as if all this was not enough to create huge long-term demand for them , they are now also generating their own energy. Prologis realized years ago that the roofs of its warehouses were very much like giant, untapped solar farms .

At the global portfolio level, they have already installed 1.4 gigawatts of solar power and battery storage capacity , turning what was just a simple environmental initiative , or even a marketing move, into a real and profitable clean energy business, which I believe will be high-margin in the future with increasing demand that they can actually build on.

That's why I believe that although Prologis has consistently achieved double-digit financial growth for many years, the best is yet to come for them. Although you wouldn't realize that just by looking at the stock price.

But that's why I think there's a great opportunity at these levels.

This is why I bought the shares myself for the very long term .

Please tell me your opinion about Prologis stock in the comments below. Are you buying Prologis stock? Do you already own it? Or are you waiting on the sidelines until the real estate market situation improves in general ?

I know some people feel that way, and I understand that, but tell me how you feel about all of this, and I'd love to hear your opinions in the comments below so we can discuss it.