NLCP - 10 Top REITs To Buy In 2024
2024-04-10 07:30:00 ET
Summary
- REITs are offering a rare opportunity in 2024.
- Valuations are historically low and offer significant upside potential.
- Here are 10 REITs that deserve a "Buy" rating.
Co-produced by Austin Rogers
Real estate investment trusts ("REITs") ( VNQ ) represent a once-in-a-decade buying opportunity today.
You may roll your eyes at that statement, but it is not an exaggeration. In fact, if anything, "once-in-a-decade" might be an understatement . Public REITs have not been this cheaply valued relative to the broader market since the Great Financial Crisis of 2008-2009:
This chart ended at the end of 2023, but since then, REITs have only become cheaper while the S&P 500 ( SPY ) has become more richly valued....
10 Top REITs To Buy In 2024