Update: Prologis, RE/MAX Shares Rise; Judge Grants Preliminary Approval on Real Estate Commission Settlement
Although investors dislike pullbacks in the stock market, the ability to purchase quality stocks at bargain prices is a real advantage for those who have some money parked on the sidelines for such occasions. With real estate investment trusts (REITs), one huge advantage of buying them on pullbacks is the increase in dividend yield you receive. Given the Federal Reserve's recent higher-for-longer adjustment of interest rate cuts for 2024, many REITs have declined significantly in recent weeks an
Most long-term investors are familiar with the consequences of stock prices experience after an analyst downgrade. Stocks can also slide when analysts maintain previous ratings but slash stock price targets by 10% or more. As Wall Street grapples with Jerome Powell's new "higher for longer" message on rate cuts and stronger-than-expected economic data, many analysts have been slashing price targets on interest-sensitive stocks such as real estate investment trusts (REITs). Over the past week, 44