3 REIT Stocks to Buy at a Discount
ORealty Income(O) The Motley Fool·2024-05-11 15:25

If you like to buy stocks when the market is selling them, then you'll love Realty Income, Rexford Industrial, and Public Storage. Rising interest rates have hit real estate investment trusts (REITs) particularly hard. Other income alternatives are now more competitive, drawing dollars out of the sector. And higher rates lead to higher costs for REITs. Wall Street has punished a lot of REITs, perhaps for good reason, but that has resulted in a few well-run companies ending up with historically attractive yi ...