SKT - 3 Top REITs to Recession-Proof Your Portfolio
If you're worried about a wobbly economy, join the club. With borrowing costs and inflationary pressures rising, the near-term outlook is cloudy. Things are even worse in most overseas markets. Investors have been flocking to real estate investment trusts ( REITs ) as safe havens with decent yields, but some are better suited to handle an economic downturn than others.
Realty Income (NYSE: O) , Tanger Factory Outlet Centers (NYSE: SKT) , and Life Storage (NYSE: LSI) are three REITs that I think can weather the next recessionary storm. Let's see why I think these three investments might hold up better in today's environment.
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3 Top REITs to Recession-Proof Your Portfolio