3 Real Estate Stocks to Buy as Hedge Funds Pile in

Hedge funds are piling into real estate stocks. Case in point: Bally’s (NYSE:BALY), the company behind Chicago’s upcoming casino, saw its stock price surge over 28% this month after a buyout offer from its largest shareholder, hedge fund Standard General.Meanwhile, according to a note from Goldman Sachs, hedge funds have increased their long positions (bets that prices will rise) on U.S. real estate investment stocks for the sixth straight week.The renewed interest in real estate stocks comes as valuations ...