Avoid This Stock Even If the Market Crashes

Strip-mall landlord Whitestone REIT (NYSE: WSR) has a lot going for it. But there's one big problem that investors need to think about -- it's so big, in fact, that even if the stock were to fall in a market crash, most investors would still be better off picking one of its larger peers. Here's why some investors might be tempted to buy Whitestone REIT, and why most shouldn't.

Whitestone is a real estate investment trust that owns 60 strip malls, containing retailers and other tenants focused on providing basic products and services to local communities. It operates largely in Texas and Arizona, two fast-growing states, with eyes on a few other Sunbelt states for expansion. In most of the markets it where it owns properties, average incomes are generally above the U.S. mean. Occupancy is about 90% right now, which isn't out of line with peers.

Image source: Getty Images.

Continue reading

Source Fool.com