3 Real Estate Stocks to Buy Before the Bear Market Is Over
Real estate investment trusts (REITs) are often pegged as being good hedges against inflation that also often move independently of the broader market. Right now, not so much.
These pools of income-producing property are down about 28% year to date compared to about 20% for the S&P 500, according to the MSCI US REIT Index. But that means a buying opportunity, too, for those inclined to sift through the 225 or so publicly traded REITs for trusts with promising portfolios that appear oversold.
To me, those include three that I currently hold: Digital Realty (NYSE: DLR), Alexandria Real Estate Equities (NYSE: ARE), and Terreno Realty (NYSE: TRNO). They're in different businesses -- data centers, life sciences properties, and warehouse space, respectively -- but they do share some characteristics, including an ongoing bear market battering.
Source Fool.com
