- I used to own both Weingarten and Kimco, two REITs in a space that usually involve grocery anchors. I viewed these as great investments, but sold them at a profit.
- This was before COVID-19. I've kept an eye on them, and whenever the time has come to buy, other opportunities have simply been better.
- As things stand now, this REIT is overvalued to what I view as a very dangerous level.
- You stand to make nearly 0% annualized return here - even with a premium outlook.
- Learn why you should be careful with Kimco here.
For further details see:
Kimco Realty: Great REIT, But Overvaluation Here Is No Joke