#7 - Lineage (NASDAQ:LINE)
Lineage Inc. (NASDAQ: LINE) is the world's largest global temperature-controlled warehouse real estate investment trust (REIT). The company operates a network of more than 480 strategically located facilities that feature advanced automation that boosts its margin.
Lineage’s customer base includes many of the world’s largest food and beverage companies in the United States, Europe, and Asia-Pacific. It’s reasonable to expect the company will be able to charge premium pricing if demand increases due to a port strike.
LINE stock may be a new name to many investors; it has only been publicly traded since July 2024. As of this writing, it’s down sharply from its IPO price, which can make it risky for investors looking to avoid buying a stock that has further to fall.
But analysts are bullish on the stock giving it a $93.63 price target that is 18% higher than its closing price on September 30, and it recently announced its first dividend which will pay shareholders 38 cents per share.
About Lineage
Lineage, Inc is the world's largest global temperature-controlled warehouse REIT with a network of over 480 strategically located facilities totaling over 84.1 million square feet and 3.0 billion cubic feet of capacity across countries in North America, Europe, and Asia-Pacific. Coupling end-to-end supply chain solutions and technology, Lineage partners with some of the world's largest food and beverage producers, retailers, and distributors to help increase distribution efficiency, advance sustainability, minimize supply chain waste, and, most importantly, feed the world.
- Current Price
- $63.53
- Consensus Rating
- Moderate Buy
- Ratings Breakdown
- 12 Buy Ratings, 5 Hold Ratings, 0 Sell Ratings.
- Consensus Price Target
- $90.75 (42.8% Upside)
We should all hope for a swift resolution to the port strike. But hope is not a strategy, which is why investors should look for ways to profit from the disruptions that are likely to ensue.
Many buy-and-hold investors may be put off by the idea of basing their investment strategy on the headlines of the day. But if you have some capital on the sideline, you may want to consider investing in one or more of the stocks on this list, particularly if they've been on your watchlist.
Events like a port strike can have ripple effects that last for several quarters. However, if you wait for the results to show up in a company's earnings report, you'll have likely missed the biggest gains.
MarketBeat makes it easy for you to keep informed of the news that affects the stocks in your portfolio. And even if a stock isn't on your watchlist, MarketBeat.com has all the tools that you need to make sound investment decisions.
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