REXR - 2 Premier REITs Now At Bargain Prices
2024-04-25 14:00:00 ET
Summary
- Investors have the opportunity to be selective in the current market, especially when it comes to discounted REITs.
- Rexford Industrial is a well-run owner of industrial properties in supply-constrained Southern California, offering strong growth potential.
- American Tower is the largest cell-tower REIT with international presence, offering long-term growth potential and a decent dividend yield.
Buying above average stocks at below average valuations can be a winning strategy. In fact, that's a key reason for how Joel Greenblatt's "magic formula" of investing has been successful. Greenblatt is an American hedge fund manager who championed the strategy of buying stocks with below average PE and high returns on invested capital....
2 Premier REITs Now At Bargain Prices