2 No-Brainer Stocks to Buy With $1,000 Right Now
There's an old axiom on Wall Street that includes a reference to buying when others are fearful. That's easier said than done, of course, but two stocks that seem to fit the bill today are (NYSE: UDR) and Toronto-Dominion Bank (NYSE: TD).
Here's a quick look at each and why you might want to put $1,000 into these stocks right now.
Most property markets go through cycles like this: Supply is low so rental rates rise, new construction comes in to take advantage of high prices, excess supply pressures rental rates, and construction dries up, leading right back to low supply. It is a fairly predictable cycle, complicated by the fact that building properties generally take a long time. As an apartment landlord, real estate investment trust (REIT) UDR is most concerned with multi-tenant residential properties. Looking at the cycle outlined above, new supply is starting to push rental prices lower.
Source Fool.com
UDR Inc. Stock
With 13 Buy predictions and only 1 Sell predictions the community sentiment for the stock is positive.
With a target price of 40 € there is a slightly positive potential of 3.31% for UDR Inc. compared to the current price of 38.72 €.
