Brad Thomas
Dividend growth investing, REITs, newsletter provider, value

No Extra Innings For Extra Space, Just Home Runs

Around two years ago I wrote a Seeking Alpha article recommending shares of Extra Space Storage (NYSE:EXR) at $20.69 and since that time the stock has climbed by over 103%. Simply put, Extra Space crushed it. Well, I guess "crushing it" is a good term since the Salt Lake City-based REIT beat the S&P 500 by almost four times and that's about as close as you get to a home run REIT.

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By adding in the dividend, Extra Space returned around 115% and that's precisely why I have included the "home run" king in my SALSA portfolio (in The Intelligent REIT Investor newsletter). In the article I wrote (two years ago), Extra Space was...

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