Economic Outlook - The economy is expected to return to a state of slow growth, disinflation, and low interest rates, moving past the strong post-COVID recovery phase [2][3] - Structural forces favor low inflation rather than high inflation, despite current lagged CPI data not reflecting this yet [2] - Interest rates are being held up primarily by the Federal Reserve rather than Treasury issuance, with expectations of rate cuts as CPI continues to decline [3][4] Market Sentiment - Investor sentiment is currently highly bullish, particularly towards a small group of technology stocks, with significant fund flows into technology ETFs [5][6] - Comparisons are being made between the current market environment and the 2000 dot-com bubble, although there are notable differences in earnings and valuations [6][8][10] Sector Performance - Defensive sectors are underperforming relative to technology stocks, with high-quality, dividend-paying stocks not seeing long-term outperformance [6][10] - The valuation spread between REITs and the broader market has widened, indicating potential opportunities in the real estate sector [12] Investment Opportunities - A selection of stocks is highlighted for potential investment, including: - **Agree Realty (ADC)**: A net lease REIT with a 5.3% dividend yield and strong management [13] - **Bar Harbor Bank (BHB)**: A regional bank with a 4.4% dividend yield and stable loan performance [14][15] - **Clearway Energy Inc. (CWEN)**: A renewable energy producer with a strong backing and potential for growth as interest rates decline [16][17] - **InvenTrust Properties (IVT)**: A grocery-anchored shopping center REIT with significant rent growth and occupancy rates [18][19] - **Rexford Industrial (REXR)**: Focused on Southern California industrial properties, expected to stabilize and recover [20][21] - **VICI Properties (VICI)**: A REIT owning iconic Las Vegas properties with a 5.7% dividend yield [22] - **Corporación Inmobiliaria Vesta (VTMX)**: A Mexican REIT with strong growth potential and a pristine balance sheet [23][25]

Imagesbybarbara/iStock Unreleased via Getty ImagesI've been buying Agree Realty's (NYSE:ADC) common shares in response to continued weakness with shares down roughly 20% over the last year to change hands for 13.9x times its fiscal 2023 fourth quarter annualized AFFO. A year ago this multiple was 18x. The retail REIT reported fourth-quarter AFFO of $1 per share, growing by 5.2% over its year-ago comp. ADC last declared a monthly cash dividend of $0.2470 per share, this was kept unchanged from the prior ...

In an ecosystem of high interest rates, targeting high-yield dividend stocks to buy might seem risky. After all, why bother dealing with the volatility of publicly traded businesses when you can buy safe, secure government bonds? The thesis isn’t as irrational as it sounds.Sure, you can grab 10-year Treasuries that yield 4.3%. For the buy-and-hold types, that’s admittedly quite a deal. However, with the Federal Reserve possibly toying with the idea of interest rate cuts down the line, the buying opportunity ...

swissmediavision/iStock via Getty Images As I’ve discussed many times on Seeking Alpha, I began writing in 2010 just as stocks were beginning to claw back from the Great Recession. Prior to that time, I was a real estate developer, so I felt the pain of the meltdown firsthand. In the real estate arena (where I have significant experience), we saw many lenders collapse in 2008 and 2009, as the financial collapse was only paralleled by the Great Depression. It also saw the end of Lehman Bros and Bear Ster ...

chaofann Generally speaking, I try to avoid falling in love with my stocks. If something becomes overpriced, I sell. However, there are some exceptions that I plan to hold forever, or at the very least, for a very long time to come. These are REITs (VNQ) that have exceptional business models that generate above-average returns with below-average risk, and unless something dramatic changes, I expect their historic outperformance to continue for a long time to come. They own great assets Enjoy strong balance ...

Wise investors know the value of dependable real estate investment trusts (REITs).They remain one of the best ways to strengthen a portfolio and generate consistent income. Also, many of the top REITs can be bought on the cheap, allowing investors to collect high yields while waiting for the stock to recover. Plus, if we see interest rate cuts this year, REITs will become even more attractive. After all, lower interest rates will help increase property value. So this decreases REIT borrowing costs, which th ...

mbortolino/E+ via Getty ImagesAs most of my regular readers know, I was a real estate developer for over twenty years. I started out small, building free-standing stores for companies like Advance Auto (AAP), O’Reilly Automotive (ORLY), and Dollar General (DG). I enjoyed investing in free-standing properties because they’re less risky than many other property sectors, such as hotels and golf courses. (My real estate empire was destroyed because my business partner “bet the farm” on a hotel in my hometow ...

The surging market has left some strong companies behind, including in the realm of real estate dividend stocks. Now might be the time to consider adding a couple to the income-focused portion of a growth-and-income portfolio.Ten years is a good window to keep in mind when looking at long-term buy-and-hold stocks, and there's no time like the present to look for bargains in a bull market just recently born.Ten years is also a good measure to use as you look back on the past performance of your prospective p ...

JLGutierrez Written by Nick Ackerman. For some background on this monthly publication, here is my view on dividend growth stocks: Dividend growth stocks aren't always the most exciting investments out there. They often aren't grabbing the headlines, and they aren't the stocks running up hundreds of percentages in a year. In fact, they are often some of the least exciting stocks. And that is precisely their strongest selling point. With such a vast world of dividend growth stocks available out there, it is ...

Agree Realty Corporation (NYSE:ADC) Q4 2023 Earnings Conference Call February 14, 2024 9:00 AM ET Company Participants Brian Hawthorne - Director of Corporate Finance Joey Agree - President, Chief Executive Officer & Director Peter Coughenour - Chief Financial Officer, Secretary & Investor Relations Professional Conference Call Participants Spencer Allaway - Green Street Advisors Smedes Rose - Citigroup Ki Bin Kim - Truist Securities Robert Stevenson - Janney Montgomery Scott Haendel St. Juste - Mizuho Secu ...