A Wall Street axiom advises investors, “Don’t fight the Fed.”
When it comes to real estate investment trusts (REITs), that’s never been more profound than it was during 2022. Those who practice a buy-and-hold strategy saw some of their REIT investments decline by as much as 50% or more, depending on the subsector and quality of the individual REIT.
Q2 2023 Outlook
Set forth below is the Company's guidance for Q2 2023. The table below reflects the Company's projections, within a range, of various financial measures
Investors who are on the lookout for real estate investment trusts (REITs) that could prosper in the future need to look no further than the recent first-quarter earnings reports that were released last week.
RBC Capital Markets analyst Michael Carroll upgraded Americold Realty Trust Inc (NYSE:COLD) to Outperform from Sector Perform at an increased price target…