I am interested in beaten-down stocks that would benefit the most when states re-open their economies. Retail Opportunity Investments Corp. (ROIC) owns grocery-store anchored strip-malls whose base rents are, by my estimate, around 70% "essential" and can remain open. Furthermore, ROIC's geographic location of exclusively West Coast operations are, in my view, going to be among the first to re-open.
Strip Malls vs. Indoor Fashion Malls
I view ROIC as a stock that, during the sharp and swift stock market correction, has incorrectly fallen in tandem with other mall stocks. From peak to