Is Tanger Factory Outlet Centers a Buy?
I own Tanger Factory Outlet Centers (NYSE: SKT) and am losing money on the investment. The shares are now down more than 30% from my purchase price.
My body and mind have started to diverge on this stock, with my gut screaming run away and my brain telling me that such a move would be a bad idea. Here's my thinking on Tanger today and what I'm considering doing with this investment: buy, sell, or hold... or maybe something else entirely.
Let's boil it down to a simple list. I purchased Tanger because of the real estate investment trust's (REIT's) long and successful history, strong financial position, low payout ratio, and unique outlet center focus. None of these things have changed.
Source Fool.com


