Is Tanger Factory Outlets a Buy?
Tanger Factory Outlet Centers (NYSE: SKT) was making great progress in its business prior to the onset of the pandemic. The real estate investment trust (REIT), which focuses on open-air upscale outlet shopping centers, was initially hit hard by the retail closures. The company came roaring back, leaving some investors to wonder if Tanger is still a buy.
On this clip from Motley Fool Live, recorded on Feb. 1, "The Wrap" host Jason Hall talks about the REIT and why it's well positioned for future growth.
Source Fool.com