MAA - Mid-America Apartment Communities: Sunbelt Superstar

2024-03-28 07:00:00 ET

Summary

• Mid-America Apartment Communities, Inc. remains undervalued and can still be bought.
• The company has a well-managed portfolio and captures positive job creation trends in attractive growth markets.
• Mid-America Apartment Communities stock offers a compelling upside with a potential annualized rate of return of 15% and a well-covered dividend.

This article was coproduced with Wolf Report.

We updated Mid-America Apartment Communities, Inc. ( MAA ) a few months ago , making it clear that not only do we intend to buy more, but we also intend to stake out a significant portion of our portfolio before it goes above 15x P/FFO.

We're happy to say in this article today that the company remains undervalued today as well - and it can still be bought.

We're also adding REITs like Camden ( CPT ), Mid-America, VICI ( VICI ), Agree ( ADC ), and more Realty Income ( O )....

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