STAG Industrial: A Good Play On Reshoring

  • STAG Industrial, Inc. remains a solid, diversified industrial REIT with steady growth in revenue, assets, and profitability, despite recent underperformance versus the broader market. The company benefits from geographic, industry, and tenant diversification, and is positioned near key reshoring and infrastructure investment projects in the US. Valuation is reasonable compared to peers, with leverage and debt maturities well-managed and most debt fixed ahead of anticipated interest rate declines.