2 REIT Stocks to Buy Hand Over Fist and 1 to Avoid
If you are considering investing in real estate investment trusts (REITs), you'll probably be attracted to the ultra-high yield that Annaly Capital (NYSE: NLY) provides. However, you'd probably be much better off if you went with the much lower yields on offer from Prologis (NYSE: PLD) and Rexford Industrial (NYSE: REXR) because both have significant opportunities for growth ahead of them. Here's what you need to know.
With a market cap of roughly $110 billion, Prologis is one of the largest REITs you can buy. It has a portfolio of more than 5,500 warehouses spread across North America, South America, Europe, and Asia. In total, it owns 1.2 billion square feet of warehouse space in 20 countries, almost every foot of which is located in a key global distribution hub. That makes it something of a one-stop shop for customers.
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Source Fool.com
