E Daily Stock Pick: Americold

This week, I'm looking for the seventh financial services representative of seven for my Ivy portfolio.

That financial sector includes twenty industries ranging from Asset Management to 8 kinds of Banks, Credit, Exchanges, 6 kinds of Insurance, Savings, and all such financial concerns. Today I have a real estate investment trust, however.

Today I'm reviewing a mid-cap real estate investment trust named Americold Realty Trust. Their trading ticker symbol is COLD.

Americold Realty Trust is self-administered and self-managed REIT company which acts as an owner and operator of temperature-controlled warehouses. The company operates warehouses in the US, Australia, New Zealand, Argentina and Canada.

Its operating segments are Warehouse, Third-party managed, and Transportation.

The Warehouse segment provides temperature-controlled warehouse storage and related handling and other services.

In Third-party managed segment, it manages warehouses on behalf of third parties and provide warehouse management services to several food retailers and manufacturers in customer-owned facilities.

In Transportation segment, it manages transportation of frozen and perishable food and other products for customers. Most of the company's revenue comes from US.

Based in Atlanta, Georgia, Americold owns and operates 179 temperature-controlled warehouses, with over 1 billion refrigerated cubic feet of storage.

I use three key data points to gauge dividend-paying equities or funds like Americold Realty Trust:

(1) Price

(2) Dividends

(3) Returns

Besides those three, several other keys will finally unlock an equity or fund in which to invest.

Those three basic keys, however, best tell whether a company has made, is making, and will make money.

COLD Price

Americold's price per share closed at $33.74 yesterday. A year ago its price was $21.24. Price rose $21.49 or near 59% in the past year.

Assuming Americold's stock trades in the range of $24.00 to $36.00 this year, Americold's recent $33.74 price could rise by $1.26 and go to $35.00 by late-July, 2020.

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