3 Magnificent Stocks to Buy That Are Near 52-Week Lows

Real estate investment trusts (REITs) have been magnificent long-term investments. Over the very long term, REITs have outperformed stocks. While they have lagged the market in recent years, a near-term catalyst could give the sector a jolt.

Several top-notch REITs, including Agree Realty (NYSE: ADC), Prologis (NYSE: PLD), and EPR Properties (NYSE: EPR), are currently trading near 52-week lows. That makes them look like great buys, given their compelling dividend yields, growth outlooks, and the potential near-term catalyst of falling interest rates.

Agree Realty's stock price sits about 13% below its 52-week-high, close to its low point for the year. That has pushed the retail REIT's dividend yield up to 5%, significantly higher than the S&P 500's 1.4% dividend yield.

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Source Fool.com