- A media narrative for 2020 is that city dwellers are fleeing their crowded, dangerous cities and heading to “the country”.
- Mr. Market has abandoned Urstadt Biddle Properties, or UBP, like a fleeing city dweller.
- The strange reality is that the fleeing New Yorkers will land in the suburbs of NYC, just where UBP owns its shopping centers.
- A detailed look at UBP locations and finances finds nothing that can objectively justify the current low prices.
- The UBP Class A stock (UBA) is an outstanding opportunity for long-term value investors.
For further details see:
Welcome To The Country, As In Greenwich CT