The stock market has a wide range of industries that appeal to different risk appetites. Huge growth industries like technology provide high returns but also high risks. Others are more stable and involatile, such real estate investment trusts (REITs). Warehouse and self-storage stocks, which include logistics companies, storage companies, and REITs, are another illustration of the latter. The warehousing business will expand at a CAGR of 6% over the following five years, driven by demand from a number of sectors including healthcare, pharmaceuticals, and manufacturing. The self-storage business is predicted by Mordor Intelligence to grow to $65 billion by 2026. This expansion will be fueled by more urbanization and a better economic outlook. As developed markets like North America have reached maturity, Asia Pacific is anticipated to have the market’s fastest growth.
Insider Monkey looked at the 11 best warehouse and self-storage stocks to buy. American REIT Global Self Storage, Inc. has its main office in New York. It creates, buys, and maintains self-storage facilities for both domestic and business clients. Additionally, throughout the same period, its share price has outpaced the REIT average. 185 temperature-controlled warehouses are run by Americold Realty Trust, Inc. in a number of nations, including the United States, Canada, and New Zealand. Since the supplies of cheese, butter, poultry, red meat, fruits, and vegetables are all up year over year, the market is on the road to recovery. One of the top three owners and managers of self-storage facilities in America is CubeSmart. It has a yield of 3.39% and pays a dividend of 43 cents. Since 74% of its properties are in cities, they are desirable as last-mile delivery possibilities. Self-service moving and storage provider AMERCO serves both residential and commercial clients. The business provides household movers with the ability to rent trucks, trailers, storage containers, and other products. It also offers an internet platform that links potential clients with movers. Ryder System, Inc. is a prominent player in the outsourcing of the supply chain. By the end of 2030, this market is anticipated to develop at a CAGR of 8.6%. The company offers a 62 cent dividend, yielding 3%. An REIT that purchases and maintains self-storage units is called Life Storage, Inc. The company owns numerous storage facilities in North America and Canada. Over the last three years, its share price has outpaced the VNQ REIT index by 7%. For more details, click the 11 Best Warehouse And Self-Storage Stocks To Buy.