Top 3 Real Estate Stocks That May Fall Off A Cliff In January

Core Insights - Three stocks in the real estate sector are identified as potentially overbought, which may concern momentum-focused investors [1] Group 1: Alexandria Real Estate Equities Inc (ARE) - Alexandria Real Estate Equities has an RSI value of 78.6, indicating it is overbought [5] - The stock gained approximately 23% over the past month, reaching a 52-week high of $105.14 [5] - JP Morgan analyst Anthony Paolone maintained a Neutral rating and lowered the price target from $65 to $63, with the stock closing at $59.69 after a 2.8% increase [5] Group 2: Easterly Government Properties Inc (DEA) - Easterly Government Properties has an RSI value of 75, also indicating it is overbought [6] - The company reported strong quarterly results, with a stock gain of around 11% over the past month and a 52-week high of $29.74 [6] - The stock closed at $23.60 after a 1.1% increase [6] Group 3: Alpine Income Property Trust Inc (PINE) - Alpine Income Property Trust has an RSI value of 74.1, suggesting it is overbought [6] - The company acquired a property in Aspen, Colorado for $10 million, with the stock gaining approximately 11% over the past month and reaching a 52-week high of $18.32 [6] - The stock closed at $18.22 after a 1.9% increase [6]