Reuters TV: Amazon Prime grows but that won’t hurt Home Depot

  • Prologis (PLD) is a constituent of the INDS Index

  • Prologis (PLD) which just beat earnings and raised guidance. The company is a critical part of the backbone of eCommerce logistics.

  • Amazon has 100 million Prime Members

  • HD has proven to thrive in the eCommerce economy and survived every threat from the Amazon effect.

You can’t buy 2 x 4s at Amazon on your Amazon Prime account, so Home Depot deserves its higher multiples, Benchmark Investments’ CEO tells Reuters’ Fred Katayama. He’s bullish on HD and real estate logistics firm, Prologis.

Read more about trading Prologis here.

Click the play button to watch full video below:

2018-06-20T19:51:48-04:00