HHC - Smart Investors Are Buying and Holding These 2 Supercharged Stocks
Smart investors make their name in markets like this. Many growth stocks have fallen 50% or more this year and almost the entire real estate sector is down 30%. And it's not just because Mr. Market has gone crazy; there are legitimate economic pressures affecting the industry. Interest rates are up, prices are starting to fall, and materials inflation and scarcity are still rising in many parts of the economy.
Investors who can pinpoint the strong companies that will survive and thrive in a market like this will have the best returns a decade from now. The two real estate stocks that we'll discuss, Howard Hughes Corp. (NYSE: HHC) and Green Brick Partners (NYSE: GRBK) , have growth potential and smart investors backing them.
Most public real estate stocks register as real estate investment trusts (REITs) and are required to pay out 90% of their net income as dividends. This restrains their ability to grow because they can't retain earnings for growth.
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Smart Investors Are Buying and Holding These 2 Supercharged Stocks