As Markets Tank, These Real Estate Investment Trusts Hit Higher Highs
Real estate investment trusts — also known as REIT’s — outperformed the markets by a wide margin last week. As a matter of fact, while many big stocks were hitting yearly lows, some REIT’s managed to establish higher highs. These stocks vary widely when it comes to underlying financials. Some have high p/e’s and low dividend yields and others have low p/e’s and high yields.
Here’s a short look:
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John Navin, Forbes.