Is Tanger Factory Outlet Centers Stock a Buy?
As inflation, rising interest rates, and fears of a potential recession grip the markets, Tanger Factory Outlet Centers (NYSE: SKT) might seem like a good safe-haven investment. Its outlet centers are popular shopping destinations for bargain hunters during economic downturns, and it's a landlord instead of a retailer, so it only needs to ensure that its centers stay occupied by tenants instead of fretting over individual businesses.
As a real estate investment trust (REIT), Tanger is resistant to inflation because its property values remain fairly stable. REITs are also required to pay out most of their profits as dividends to maintain a favorable tax rate.
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Source Fool.com
