Forget Hoops, This Michigan-Based REIT Does Nothing But Net
- I look forward to the March Madness showdown each year as it provides a perfect venue for comparing stocks and helping build an intelligent REIT portfolio.
- Mr. Market likes ADC and tickets to entry remain in the “nosebleed section”.
- The only reason that I am maintaining a HOLD on ADC is based on valuation.
Yesterday I published the April edition of the Forbes Real Estate Investor, and in this issue, I provide subscribers with my top 16 picks, including the crowned REIT champion. I look forward to the March Madness showdown each year as it provides a perfect venue for comparing stocks and helping build an intelligent REIT portfolio.
It should be no one’s surprise that Realty Income (O) was the champion this year, as the stalwart Net Lease REIT continues to deliver on its predictability promise, after all, this REIT is called “The Monthly Dividend Company.”
As I type this article, I am preparing for the NCAA Men’s championship tonight, and since I completely bombed bracketology, I have decided to become a fair weather of the Michigan Wolverines. I was hoping for an ACC contender, but I’m betting on the Michigan’s defense, recognizing that Villanova has arguably the best offense in the NCAA.
Michigan has a talented bench and although Villanova has the scoring threat, the Wolverines have the ability to morph and change no matter the situation. Villanova is picked to win (7 points) but if Michigan brings its “A-game,” there could possibly be 2 winning teams that shoot nothing but net…