Bargain Hunting? These Ultra-High-Yield Stocks Are on Sale
Market downturns often present attractive buying opportunities for long-term investors to build significant wealth. That's because even quality companies tend to be beaten down amid declines in the broader market.
Medical Properties Trust (NYSE: MPW) and Simon Property Group (NYSE: SPG), respectively, have dipped 26% and 32% so far this year. This is considerably worse than the S&P 500 index's 14% drop year to date. Let's dig into why these two ultra-high-yield real estate investment trusts (REITs) look like buys for investors seeking bargains.
As the owner of more than 440 hospital properties throughout the world valued at over $22 billion, Medical Properties Trust is a leading source of capital for hospitals.
Source Fool.com