This Beaten-Down Stock Could Be a Great Contrarian Opportunity

Many experts are predicting the death of office real estate. While it's true that the remote work trend and rising rate economy are creating a difficult environment, Empire State Realty Trust (NYSE: ESRT) is starting to look very interesting -- especially after reporting strong quarterly results. In this video, Fool.com contributors Matt Frankel and Tyler Crowe take a closer look.

*Stock prices used were the afternoon prices of April 27, 2023. The video was published on May 1, 2023.

Source Fool.com