Simon Property: Leading Retail Landlord Still Cheap Despite Remarkable Recovery

Bo Shen/iStock Editorial via Getty Images Investors in leading high-quality retail landlord Simon Property Group, Inc. (NYSE:SPG) have experienced a dramatic revival in their fortunes over the past three months. I urged SPG investors to capitalize on its steep pullback in September 2023, although SPG bottomed out decisively only in early October 2023. Accordingly, dip buyers loaded up and sent SPG surging over the past three months, registering a 1Y total return of almost 25%. Relative to SPG's 5Y and 1 ...