This Beaten-Down Dividend Stock Is Still a Buy
The stock market has had a rough go of it this year, as rising interest rates and Russia invasion of Ukraine conspiring to damp investor sentiment. While stock market sell-offs are rarely fun, they do provide opportunities to pick up quality stocks at reduced prices.
Real estate investment trusts (REITs) have been beaten up based on the prospect of higher interest rates. That said, some REITs shouldn't be looked at as just a dividend yield play; some have a great growth runway ahead of them. One such REIT is Alexandria Real Estate Equities (NYSE: ARE), which is down about 13% year to date.
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Source Fool.com
