MAA - My Oh My 3 Strong Buys
2024-02-16 07:00:00 ET
Summary
- I emphasize the importance of evaluating the quality and valuation of REITs before investing.
- I highlight the risks of buying overvalued or under-qualified stocks and emphasize the need for individual analysis and due diligence.
- I recommend three undervalued REITs: Alexandria Real Estate Equities, Inc., Mid-America Apartment Communities, Inc., and Camden Property Trust.
Want to see a pretty picture?
How about the one below:
This graph with all its fun-colored dots represents all the real estate investment trusts ("REITs") publicly traded on major U.S. indices.
It seeks to capture where they fall along two very important lines: quality and valuation.
In other words, how stable and capable are they, and how inexpensive they are.
Those are two exceptionally important considerations you always - and I mean always - want to investigate, analyze, and determine BEFORE you invest in a company.
It's part of the risk vs. reward question.
Because if you buy something that's overvalued, even by a little, you risk lowering or even obliterating your profit potential....
My Oh My, 3 Strong Buys