4 Reasons Why REITs Will Soar in 2024 (and 2 Tickers to Buy Now)
September 19, 2023 at 05:00 AM EDT
Over the last few days, not one but three signals I use to read the tea leaves in REITs—one of our favorite places to hunt for big, and growing, payouts— all flashed “buy.” That means it’s finally time to start selectively picking up these income plays. I’ll name two with dividends on multi-year growth runs below. Tickers in a sec. First, let’s talk timing. Here’s why REITs are jumping up our dividend priority list now: They haven’t followed stocks higher in ’23— so our “landlords,” which own everything from shopping malls to warehouses, apartment buildings and cellphone towers, are cheap in relation to the popular kids of the S&P 500. … Read more