Mid-America Apartment Communities: Still A Buy Despite Short-Term Headwinds
MAA(MAA) Seeking Alpha·2024-05-06 15:05
CHUNYIP WONG/iStock via Getty Images Just before we transitioned into 2024, I wrote a fairly bullish article on Mid-America Apartment Communities (NYSE:MAA), which was a follow-up piece for my initial thesis on MAA back in September 2023. While I was (and still am) optimistic about MAA's prospects to generate solid shareholder returns, I made it clear that in the short term there is a limited probability of MAA outperforming the market. The chart below, which measures the total return performance of MAA ...