Why You Should Retain Highwoods (HIW) Stock in Your Portfolio

Highwoods Properties (HIW) is well-positioned to benefit from the growing demand for its premier office properties concentrated in high-growth Sun Belt markets. Its disciplined capital-recycling program and accretive development projects are other tailwinds. A healthy balance sheet position augurs well for long-term growth. However, competition from other industry players and elevated interest rates pose concerns for the company. The company maintains a healthy balance sheet position, with no consolidated d ...