Despite the record highs in the S&P 500 and Dow Jones Industrial Average, there are still some excellent companies that trade for steep discounts. That’s especially true when it comes to dividend-paying stocks in the real estate sector, which tends to be highly sensitive to rising interest rates.
It’s important for investors to understand that in many cases, stocks can trade for a significant discount even though their underlying businesses are doing just fine. With that in mind, here are two excellent real estate investment trusts (REITs), both of which have excellent businesses, pay above-average dividends, and are trading at attractive prices right now.
The largest REIT in the world is on sale
Industrial real estate investment trust heavyweight Prologis (NYSE: PLD) reported strong results for the fourth quarter, and the market for industrial properties (like distribution centers) is…
