BRT Apartments Corp. (BRT)

(A Top Pick Oct 18/22, Down 10%)Stockchase Research Editor: Michael O’Reilly

Our PAST TOP PICK with BRT has triggered its stop at $19.  To remain disciplined, we recommend covering the position at this time.  

(A Top Pick Oct 18/22, Down 3.3%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with BRT is progressing well. To remain disciplined, we recommend trailing up the stop (from $17) to $19 at this time.

Stockchase Research Editor: Michael O’Reilly BRT is holder of quality apartment units in growth areas of the US, including the sunbelt. Demand for these units is expected to rise as interest rates keep home ownership out of reach for many. It trades at 5x earnings and 2x book. It pays a good dividend, backed by a payout ratio under 50%. We would recommend setting a stop-loss at $17, looking to achieve $28.50 — upside potential over 30%. Yield 4.9% (Analysts’ price target is $28.50)