Oops! It appears that you have disabled your Javascript. In order for you to see this page as it is meant to appear, we ask that you please re-enable your Javascript!

Public Storage (PSA) May Be All Full

Public Storage (PSA) continues to trigger multiple over-valuation levels even after we raised the fair value range. At the current valuation of 134.6% FV it places the company at number 456 out of 500 largecap stocks in America. It is impressive that the company can continue to post gains that have reached nearly 10% this year while the market inches along at a 0.19% gain YTD. We are cautious that this rise cannot continue. The dividend is good at 2.5% and we consider the stock a “core” holding, but expectations appear to have outstripped the company’s ability to continue to deliver. Once expectations become more realistic the stock may return to a reasonable level.

Click chart to enlarge

By |2016-03-29T16:00:55+00:00March 29th, 2016|Categories: Money Basics|Tags: |0 Comments

About the Author:

Articles attributed to "Guest Contributor" are written by former employees or invited guests. Contents are for your consideration only The opinions expressed herein are those of the authors and do not necessarily represent the views of Charter Trust Company. Nothing contained in this communication should be construed as investment advice.

Leave A Comment