Opinions

Jim Cramer - Mad Money Tanger Factory Outlet Centers SKT-N HOLD May 12, 2021

He likes this. They have very good numbers. People want to shop. Hold on.

Jim Cramer - Mad Money

Unknown

Unlock Rating

$16.165

Stock price when the opinion was issued

Consumer Products

It's the ideal tool to help you make quicker, more informed decisions for managing and tracking your investments.

Get Signals Create your Watchlist

You might be interested:

DON'T BUY

The rents paid were better previously (before Covid), but he is not recommending any companies operating in malls so that people don't get hurt by Covid.

BUY ON WEAKNESS

He likes this sector and this stock. It's good. SKT is hot now, but let it fall back a bit.

BUY

They reported a fine quarter last month. It just raised its dividend which is now from 4.2%.

BUY

Trade-down companies are the place to be in this economy. Their outlets are the final destination for marked-down merchandise. SKT was down only 7% in 2022, while retail peers were down double-digits. They delivered a bottom line beat last week with a 97% occupancy rate.

BUY

They just had a great quarter, a REIT holding retail outlets: top and bottom line beat and positive guidance. They enjoy accelerating lease momentum and new properties coming, like in Nashville.

BUY

A REIT that holds factory outlets. Pays over a 4% yield and delivered a great recent quarter.

Stockchase, in its reporting on what has been discussed by individuals on business television programs (in particular Business News Network), neither recommends nor promotes any investment strategies.

We paraphrase the experts by hand, we watch the shows and write down what we understood from the experts’ comments. We are human and can make mistakes, help us fix any errors. If you see something that you know is not right or if there is a problem with the site, feel free to email us at : hello@stockchase.com.

Jim Cramer - Mad Money Tanger Factory Outlet Centers SKT-N HOLD May 12, 2021

You might be interested:

Tanger Factory Outlet Centers(SKT-N)

Tanger Factory Outlet Centers(SKT-N)

Tanger Factory Outlet Centers(SKT-N)

Tanger Factory Outlet Centers(SKT-N)

Tanger Factory Outlet Centers(SKT-N)

Tanger Factory Outlet Centers(SKT-N)

Latest Buy Signals

Today's Top Picks

Popular Articles

Latest Sell Signals

Most Recent Experts

Andrey Omelchak

The Panic-Proof Portfolio (Stockchase Research)

The Monthly Gems by Allan Tong

Andrew Moffs

Stockchase Insights