Harry Domash’s Dividend
Detective does a good job of explaining REITs
(real estate investment trusts).
He recommends the FINVIZ realty
screener, my favorite screener resource.
It identifies AHH (Armada
Hoffler Properties, Inc.) as
the diversified REIT with the lowest P/E ratio (1.30).
AHH is a new offering. My Yahoo chart compares price
performance across only 5, 10, and 20 days.
I’m tempted to buy a few shares each time the five-day line
crosses above the 20-day until I’ve accrued a full percentage share of my
portfolio (0.67%).
I am among the many who look for real estate to boom when the
nation’s economy heats up. Both appear to be in an up trend just now.
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