4 REITs To Sell Immediately, 3 To Buy Instead

Is it too late to buy REITs (real estate investment trusts)? It depends. Some lesser-known issues are still great bargains, while others have rallied to nosebleed valuations. I’ll highlight three specific buys – and tell you what you should sell – in a moment. First, let me show you why investors are hesitant about REITs: How Hot is Too Hot? These are the price-only returns (not including dividends) of four REITs. Three of them are quite popular, while one— Government Properties Trust (GOV) —is extremely controversial. Note the controversial one is up 49% year-to-date! That’s amazing, but the usual stability of popular dividend payers like Realty Income Corporation (O) and National Retail Properties (NNN) means they should not be up 30% in less than a year. ... Read more