2 Bargain Stocks I'm Buying in a Stock Market Plunge
As an income and value investor, I'm constantly on the hunt for undervalued stocks that have the potential to grow but also pay a reliable dividend. Real estate investment trusts (REITs) are some of my favorite bargain stocks to buy because they offer exposure to the diverse real estate industries while paying above-average dividend returns.
The bear market, driven by concerns over inflation and higher interest rates, has been hard on REIT shares. That makes right now a great time to load up.
Two bargain REITs I'm picking up in the stock market plunge are Iron Mountain (NYSE: IRM) and Extra Space Storage (NYSE: EXR). Here's a closer look at both and why I'm either adding or starting my position in these stocks today.
Source Fool.com
