Searching For A Bull Market: REITS
Yes, a bull market in REITS! No, not the mortgage REITS but the apartment and rental REITS. There is nothing better than owning cash generating assets that increase in value over time. I am not interested in mortgage, shopping mall, or business rental REITS. I want apartments! Three companies that I am looking at are United Dominion Realty Trust (UDR), Equity Residential (EQR), and Apartment Investment and Management Co. (AIV). These three stocks are off their 52-week highs but have held up very well in a bear market. Plus all three yield over 4%.