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2 Insanely Cheap REITs and 1 REIT to Avoid

TheMotleyFool

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2 Insanely Cheap REITs and 1 REIT to Avoid: https://g.foolcdn.com/editorial/images/744572/youtube-thumbnails-16.png

REITs -- or real estate investment trusts -- have been a beaten-down sector over the course of the past year, as they have had to endure a rising interest rate environment. However, that cycle is likely coming to an end in the near future, making for a great opportunity in this sector. One REIT I like is American Tower (NYSE: AMT), which is the premier cell tower REIT.

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*Stock prices used were end-of-day prices of Aug. 15, 2023. The video was published on Aug. 16, 2023.

Source Fool.com

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