The COVID-19 pandemic greatly changed the way Americans shopped. Online purchases soar as people stayed home in fear of going into malls or stand-alone stores.
From time to time, companies partake in a secondary public offering of their stock to raise funds. The stock offering is set at a lower price to attract investor interest, and the funds derived may be used to pay down excessive debt, fund new acquisitions, invest in product development or cover an operational shortfall.
Over time, strong earnings will usually result in an increase in a company’s stock price. But stock prices can fluctuate greatly in the days following earnings reports and may even make large upside moves if the earnings are not only good but also top Wall Street’s estimates.
As an investor, whether you seek growth, income or both, you should always look at the five-year performance record of a company when considering stocks to purchase. A five-year time frame should address the company’s price movements, dividend growth and recent news and earnings.
In a turnaround from 2022, analysts have again begun to show improved regard for real estate investment trusts (REITs). While downgrades and lowered price targets dominated REIT news last year, more analysts have been upgrading them since the beginning of 2023.
As January comes to an end, many of the real estate investment trusts (REITs) that were substantially lower in 2022 have had remarkable comebacks this month. One very strong subsector has been storage REITs.
While January has seen a number of improving analyst calls on real estate investment trusts (REITs), there have also been some downgrades. Take a look at three REITs that have recently received multiple analyst downgrades but still managed to show positive results this month:
Residential real estate investment trusts (REITs) were subpar performers in 2022, but like many other REITs, they are beginning to find their footing in 2023, as the entire residential subsector has shown recent positive gains.
As real estate investment trusts (REITs) were underperforming in 2022, analysts in the major brokerages and banks were busy slashing target prices and downgrading many of the REITs, citing threats from inflation, higher interest rates, increasing risk of defaults, increasing occupancy and higher costs.