SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Value Investing

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Michael Burry who wrote (8319)9/24/1999 7:09:00 PM
From: Robert Hoefer  Read Replies (3) of 78842
 
I may have been early on the REITS, but I agree they are one of the few cheap but solid stocks around. You didn't mention New Plan Excel Realty Trust, which has raised its dividend every quarter for the last 80 quarters (that's 20 years), and I think I read in Value Line that its bonds are the only REIT bonds to have an A rating. Yield is nine percent, and p/FFO ratio is low by historical standards. I also like Washington Reit, but it hasn't been cheap since 1992 or so. I'm taking a chance on United Dominion (UDR) because Value Line likes it and the story looks tempting. Let me know if I have my facts wrong or am doing something silly....! Thanks.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext