Public Storage (PSA) May Have Reached the Top

9CB593AF9EBC4E8ABB397EEB8685810CPublic Storage is a Core stock that may have reached the top of the current climb at 122.6%FV. At $230.96/share the stock remains well above fair value after falling from $255.97 just a few days ago. The climb has lasted a long time starting back in 2009 and covering a 416% gain.

It may be time to give Public Storage consideration regarding whether it can continue the climb or has it reached the top? I believe it might have reached the top.

 

By | 2016-02-09T11:13:34+00:00 February 9th, 2016|Categories: Money Basics|0 Comments

About the Author:

Steven Albrecht was the President and CEO of Charter Trust Company from 2001-2016

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