Jim Lebenthal
Sabra Health Care REIT
SBRA-Q
BUY
Dec 02, 2022
Conventional wisdom says to avoid REITs and bond proxies when interest rates rise. But many REITs are solid businesses trading at reasonable valuations and paying good dividends. Untrue: commercial real estate is bad but avoid strip malls. Those REITs are down so much that there'll be upside in 2023.