TCO - 2 Ridiculously Cheap Retail Stocks That Could Be Long-Term Winners
To say that retailers have been hit hard by the recent stock market crash would be a massive understatement. Virtually all "non-essential" brick-and-mortar retailers are currently generating zero revenue, and this has sent the stocks of retail real estate owners plummeting to fire-sale prices.
However, there could be some serious value here for patient long-term investors who have a high risk tolerance. Here's why mall real estate investment trusts, or REITs, Tanger Factory Outlet Centers (NYSE: SKT) and Simon Property Group (NYSE: SPG) could be worth a look while the economy is still mostly shut down.
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