How do you see it now with Reit like $O+1.2%, will they go down as long as the Fed raises more and then theoretically when rates are cut they could go up? That means next year , when the plan so far is 2024 for the first rate cut.
Capital Structure
Market Cap
50.6B
Enterpr. Val.
77.5B
Valuation
P/E
53.8
P/S
11.5
I've been overbought REITs regularly lately, but I believe the stock will go even lower and then I would buy more :)
Team $O+1.2% and $MO+1.3% 👍I'll hold and buy in at bigger drops. These are investments for years.
I don't think they'll get up until 2025 at the earliest. There's a nice chart that shows what stocks are doing well in what economic cycle.