2 REITs To Sell In February 2024

Pakin Songmor/Moment via Getty ImagesAs we enter February 2024, REITs are still stuck in a vicious bear market. Their share prices are down 27% over the past two years, and that's despite growing their rents by 5-10% since then: Data by YChartsAs a result, valuations remain historically low with most REITs (VNQ) trading at large discounts to their net asset values, low FFO multiples, and high dividend yields. If like me, you believe that interest rates will be cut later this year, then now would seem li ...