After an abysmal 2018, real estate investment trusts (REITs) have been on a roll this year. After pulling one of the worst performances since the Great Recession, REITs have surged by double digits in 2019 as investors have flocked back to the sector. And there’s plenty of reasons why. With that, here are five of the best REITs to buy today...
Americans have too much stuff, and Public Storage (NYSE:PSA) is helping solve the problem of where to keep it all. With the Fed pausing on its rate of hikes, Blackstone Mortgage Trust (NASDAQ:BXMT) could be a rewarding, high-yielding play. With the economy growing, travel and leisure have come back in a big way. That seems to benefit the hotel REITs. And the king of them all is Host Hotels and Resorts (NYSE:HST). Apartment REIT Equity Residential (NYSE:EQR) has managed to turn its locations into gold mines. As the saying goes, If you can make it in New York, you can make it anywhere. New York-based REIT SL Green Realty (NYSE:SLG) is proof of that.
Source: InvestorPlace
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