3 Oversold REITs Yielding 6% or More

Real estate investment trusts, or REITs, have been on a tear. For instance, Lexington Realty Trust (LXP) is up a shocking 32% year-to-date, and it also happens to be a stock we recommended a few weeks ago . Many more REITs are up double-digits over the past year, making income-hungry investors wary of buying at too high of a price. This is especially true for indexing the sector, as Vanguard’s REIT Index Fund (VNQ) is up 16.9% in the last year versus the S&P 500’s modest 3.6% gain. This is great for people who bought at the bottom, but anyone looking to get into REITs now needs to be wary about blindly buying companies that comprise a broader index. To find the best REITs, we first need to look... Read more