Many investors believe that malls are dying, and to be fair, that might be true when it comes to standard suburban shopping malls. But some types, such as high-end destination malls and discount-focused outlet malls, are thriving. In this video, Matt Frankel, CFP®, discusses why Simon Property Group (NYSE: SPG) and Tanger Factory Outlet Centers (NYSE: SKT) could be extremely interesting as long-term value investments right now.
*Stock prices used were the morning prices of Feb. 28, 2023. The video was published on March 2, 2023.
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2 High-Yield Mall Stocks That Look Surprisingly Strong Right Now