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REIT Rally Coming Soon (Possibly By September 18th)
DOCPhysicians Realty Trust(DOC) Seeking Alpha·2024-08-01 11:00

akinbostanci The Federal Reserve opted to keep interest rates steady at about 5.3%. This means that all eyes are on September 18th when they will once again vote on interest rates. It's now widely expected that rates will be cut then and likely a second or even third cut by the end of this year. Many REITs have commenced a rally anticipating a rate cut. However, we believe that there is plenty of room to run for REIT's as shares remain undervalued. Brad Thomas ✿ @rbradthomas · 2h $IRET +9.9% vs $VNQ +3.7% ( ...