Time to Pounce: 2 Phenomenal Ultra-High-Yield REITs That Haven't Been This Cheap in Years
Although last week was a solid reminder that stocks don't move up in a straight line, Wall Street is still enjoying another banner year. Within the last month, the iconic Dow Jones Industrial Average, benchmark S 500, and growth stock-fueled Nasdaq Composite all romped to fresh, record-closing highs.
But while investors have gravitated to the growth stocks that have powered this bull market to new heights, they've often overlooked or neglected the sectors and industries flush with value stocks and dividend payers that can make patient shareholders richer over the long run.
In particular, Wall Street appears to be ignoring ultra-high-yielding real estate investment trusts (REITs). When I say "ultra-high-yield," I'm talking about stocks with yields that are at least four times higher than the benchmark S 500 -- ergo, above 5.64% (1.41% yield for the S 500 X 4).
Source Fool.com
