Should I invest in PSA or CASH?
7/31/2024 08:25am
**Investment Recommendations**:
1. **Public Storage (PSA)**:
- **Financial Performance**: PSA reported a net income of $511.7 million and a diluted EPS of $2.6 for the quarter ending March 31, 2024. The company's same-store NOI rose by 6.2% and core FFO per diluted share increased by 7.3%.
- **Growth Prospects**: PSA's acquisition of Simply Self Storage for $2.2 billion indicates a strategic focus on expanding its self-storage portfolio. The company's high-growth non-same store pool comprises nearly 30% of the portfolio, suggesting potential for continued growth.
- **Analyst Ratings**: PSA has an average price target of $315.50, with an average upside of 4.91% from the last price of $300.74. The company has been given a strong analyst rating consensus, with eight strong buy ratings and no sell ratings.
- **Valuation**: PSA's intrinsic valuation suggests it is undervalued under various scenarios, indicating potential for price appreciation.
|Ticker|Name|Total Revenue|Net Income|Diluted EPS|Date|code|market_code|
|---|---|---|---|---|---|---|---|
|PSA.N|Public Storage|1.15722E9|5.11697E8|2.6|2024 Q1|PSA|169|
2. **Pathward Financial, Inc. (CASH)**:
- **Financial Performance**: CASH reported a net income of $27.7 million and a diluted EPS of $1.06 for the quarter ending December 31, 2023. The company's net interest income grew by 31%.
- **Strategic Focus**: CASH's focus on Banking as a Service and Commercial Finance, with a high-energy collaboration, positions it well for growth.
- **Analyst Ratings**: CASH has a positive investor sentiment with an average price target of $67.00, reflecting analyst confidence in its growth prospects.
- **Market Position**: CASH is a federally registered financial institution with a strong market position, supported by its banking infrastructure and technology resources.
|Ticker|Name|Total Revenue|Net Income|Diluted EPS|Date|code|market_code|
|---|---|---|---|---|---|---|---|
|WMT.N|Walmart|1.61632E11|8.053E9|2.92|2024 Q2|WMT|169|
|UNH.N|UnitedHealth Group|9.8855E10|4.421E9|4.54|2024 Q2|UNH|169|
|AAPL.O|Apple|9.0753E10|2.3636E10|1.53|2024 Q2|AAPL|185|
|GOOGL.O|Alphabet A|8.4742E10|2.3619E10|1.89|2024 Q2|GOOGL|185|
|GOOG.O|Alphabet C|8.4742E10|2.3619E10|1.89|2024 Q2|GOOG|185|
|MCK.N|McKesson|7.7215E10|7.03E8|4.92|2024 Q2|MCK|169|
|TM.N|Toyota Motor|7.65227313906E10|8.8377947151E9|0.632470371|2024 Q2|TM|169|
|COR.N|Cencora|6.8414307E10|4.21205E8|2.09|2024 Q2|COR|169|
|MSFT.O|Microsoft|6.202E10|2.187E10|2.93|2024 Q2|MSFT|185|
|COST.O|Costco Wholesale|5.8442E10|1.743E9|3.92|2024 Q2|COST|185|
**Investment Decision**:
Both PSA and CASH show strong financial performance and growth potential. PSA's focus on self-storage acquisitions and its high analyst ratings make it a compelling option for investors looking for real estate-related exposure. CASH's strategic focus on financial inclusion and its strong market position in the banking sector could offer attractive returns for investors interested in financial services. The choice between the two ultimately depends on the investor's individual preferences, risk tolerance, and investment goals.