5 Best Strong Buy Stocks to Invest In

3. Prologis, Inc. (NYSE:PLD)

Number of Hedge Fund Holders: 49  

Prologis, Inc. (NYSE:PLD) is the global leader in logistics real estate with a focus on high-barrier, high-growth markets. It is one of the premier strong buy stocks to invest in. On October 11, Prologis announced that it has won unanimous approval from Alexandria Real Estate Equities to build the research campus at 100 East Grand Avenue, San Francisco. The research center is 559,000 square feet.

On October 17, Raymond James maintained a Strong Buy rating on Prologis, Inc. (NYSE:PLD) stock with a price target of $130.

Among the hedge funds being tracked by Insider Monkey, New York-based investment firm Bailard Inc. is a leading shareholder in Prologis, Inc. (NYSE:PLD) with 82,489 shares worth more than $8.4 million. 

In its Q2 2022 investor letter, Carillon Tower Advisers, an asset management firm, highlighted a few stocks and Prologis, Inc. (NYSE:PLD) was one of them. Here is what the fund said:

“Prologis, Inc. (NYSE:PLD) underperformed due to supply and demand concerns following the announcement that a major online retailer is slowing the rollout of new warehouses. However, we continue to believe that there is an overwhelming demand for the company’s assets.”