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Signal
Opinion
Expert
HOLD
HOLD
January 19, 2010
(Market Call Minute) Wished he had held on longer.
Show full opinionHide full opinion
(Market Call Minute) Wished he had held on longer.
WAIT
WAIT
January 19, 2010
US REIT. US REITs are pricing in a pretty strong recovery. If recovery was 3% GDP growth, REITs would still be trading at about 10% premium. Look for it to pull back 5-10% before buying. They’ve sold assets and cut distribution recently. They’ve cut back on merchant development. When the dust settles, there will be an opportunity to buy 5-10% lower. Buy in the 8’s
Show full opinionHide full opinionUS REIT. US REITs are pricing in a pretty strong recovery. If recovery was 3% GDP growth, REITs would still be trading at about 10% premium. Look for it to pull back 5-10% before buying. They’ve sold assets and cut distribution recently. They’ve cut back on merchant development. When the dust settles, there will be an opportunity to buy 5-10% lower. Buy in the 8’s
