Is Public Storage (PSA) A Bargain As It Names A New Chief Legal Officer?
Public Storage (PSA) appointed S. Wade Sheek as Chief Legal Officer, replacing Nathaniel A. Vitan. Shares have a 1-day and 7-day decline but a 24.88% YTD return. The company is seen as 3.2% undervalued with a fair value of $333.53, driven by strategic expansions. Risks include market oversupply and legislative pressures in states like California.


