Certain bulls are still pounding the table that Tanger Factory Outlet Centers (SKT) remains a "speculative buy" for various reasons. Some investors have stated that Tanger: 1) could actually be one of the best-positioned mall REITs as the sector deals with the damage from the coronavirus pandemic, 2) operating outdoor facilities provides a relative advantage versus indoor malls with the virus top of mind, 3) that outlet centers offer lower rent relative to malls, and 4) that Tanger operates from a position of financial strength.
All of these determinations appear to be more