Bleecker Street Research
Long/short equity, special situations

American Campus Communities: An Awesome Investment In College Housing

Blackwell Hall was my dorm my freshman year in college. It was also the worst dorm on campus, had the smallest rooms and beds that were most likely turned down by prisons. So you can understand my amazement when I went to the American Campus Communities (NYSE:ACC) website and saw pictures of its dorms. I was blown away. Then I checked out the company and the financials some more. They were excellent. Then I noticed the stock was trading near its 52-week low, which I can't understand. ACC is a phenomenal company, and I see significant upside in the stock.

(click to enlarge)

American Campus Communities is a campus housing REIT based in Austin, Texas. ACC owns and...

Join Seeking Alpha PRO to read this archived article and 11,574 other archived articles
IDEA GENERATORXExclusive access to 10 PRO ideas every day
INVESTING IDEAS LIBRARYXExclusive access to PRO library of more than 15,000 ideas
SECTOR EXPERT NETWORKXExclusive access to all sector experts for direct consultation
PERFORMANCE TRACKINGXTrack performance of all PRO stock ideas
PROFESSIONAL TOOLSXProfessional Idea Filters to zero-in based on industry, market cap and more
"In just the first month of using PRO, I used it to generate two ideas which were actionable for me. As a result of these two positions, I have earned more than 20 times the annual subscription costs for PRO."Michael Yagemann, Greenbridge Capital
"I am pleasantly surprised with the scope of small and mid-cap coverage PRO offers. You can't find that any where else."Patrick Rice, Mainstay Capital Management
You may cancel at any time for any reason, and receive a prompt refund for membership on months paid and not used (max. 6 months). Details