Store Your Cash Somewhere Else
Hurricane Sandy has drawn increased focus to self-storage-locker companies as a play on the needs of storm victims. That new interest has overlapped excess demand for an already-hot group -- real estate investment trusts -- which had already run up in price due to their relatively high dividend rates.
Public Storage (PSA) is the world's largest self-storage REIT. It is conservatively financed, and appears to be on track to posting a record year in funds from operations (FFO) -- which, for REITs, is generally considered a better evaluation metric than earnings per share....364 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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