Why I'm Buying These 2 REITs Hand Over Fist
American Tower(AMT) Seeking Alpha·2024-05-07 21:44
Richard DruryWritten by Sam Kovacs Introduction Real estate has been the worst performing sector year to date, with the SPDR Select Real Estate Fund (XLRE) declining 7.5% while the S&P 500 has increased 7.5%. At the beginning of the year, I proclaimed that "2024 would be the year of the REIT". 5 months in, and I'm starting to look like the class clown. But I do not fear, as there are things I know which mean I can sleep well at night buying the highest quality REITs. What things do I know, you may ask? ...