not vested
Life Storage (LSI)
Life Storage (LSI) is a beneficiary of transitions in the economy. Disruptions bring need to store household and business goods as folks will have to move or adjust living spaces.
That said, the stock is reflecting the capabilities of the company while it is still down a bit for the year. But since March 23, it has outperformed the S&P 500 by a small margin.
However, what makes Life Storage more attractive now and going forward is one of its developing initiatives that is very focused on the evolution of the U.S. economy and commerce.
Its developing product or service called Warehouse Anywhere is exactly what the current and transitioning retail and business products market needs.
Life Storage has set up facilities that are tailorable for businesses to have localized warehouse space in the company’s facilities.
And with radio frequency identification devices (RFID), customers can have goods delivered, tracked and deployed to their own customers on a localized basis with Life Storage offering logistics support.
This is exactly what Amazon has been developing for its own platform and for some of its platform vendors. And with that, it makes LSI a good looking member of these stocks to buy.
Source: Daily Trade Alert