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Alex Salkever Return Risk -50.56% LOW Tracked Blogger Profile & Performance Subscribe to author

Symbol Sentiment Start Return Closed PSA 02/11/09 +30.07% -- Via BloggingStocks:   Filed under: Products and services, Stocks to Buy There are a number of ways to play the recession / depression on the market that might seem, at first, counter-intuitive but on second glance make sense. Here's one -- Public Storage (NYSE: PSA), a REIT focused on ownership of public storage facilities. Like the rest of the real estate market, it's been hammered -- down just over 52% from 52-week highs of $110 per share. But public / self storage facilities should actually prosper in this market. Here's why: People still have a lot of stuff, but many of them are going to have less house very soon. Same goes for businesses that are putting off plans to expand offices or rent warehouses and need a place to park things. Continue reading Public Storage (PSA): A good play on moving, adjustment to less space Public Storage (PSA): A good play on moving, adjustment to less space originally appeared on BloggingStocks on Wed, 11 Feb 2009 16:55:00 EST. Please see our terms for use of feeds. Permalink | Email this | Comments   Read the rest of original post »

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