Is It Too Late to Buy These 3 Brilliant Passive Income Stocks?
The stock market has had a strong run over the last 10 years. The S&P 500 has delivered an 11.8% annualized total return. That's well above its average of 9.4% over the last 50 years.
Many stocks have delivered even higher total returns. Extra Space Storage (NYSE: EXR), Sun Communities (NYSE: SUI), and Prologis (NYSE: PLD) have pulverized the S&P 500 over the last 10 years. What makes that so impressive is that they're real estate investment trusts (REITs) more known for producing passive income. Here's a look at whether these income stocks can continue to deliver market-beating total returns.
Extra Space Storage has been one of the top-performing REITs over the past decade. The self-storage REIT has delivered a 333% total return (15.8% annualized), crushing the S&P 500's 205% total return.
Source Fool.com
