Should You Retain Kimco (KIM) Stock in Your Portfolio Now?
Kimco Realty(KIM) ZACKS·2024-06-15 01:16
Kimco Realty (KIM) is well-poised to benefit from its portfolio of premium retail properties in top major metro Sunbelt and coastal markets. Its focus on grocery-anchored shopping centers, mixed-use assets and a solid balance sheet position bode well for long-term growth. However, higher e-commerce adoption and an elevated interest rate environment remain key woes.What’s Aiding it?Kimco’s properties are located in the drivable first-ring suburbs of its top major metropolitan Sunbelt and coastal markets. Par ...