2 'Under The Radar' REITs Up To 40% Undervalued

Aug. 14, 2024 7:00 AM ETNTST, PLYM53 Comments
(12min)

Summary

  • The purpose of this article isn’t to make the case that a recession will happen.
  • What matters is that the pressure on the Fed is rising to finally cut rates, and to figure out what happens when the Fed starts cutting rates.
  • REITs like Netstreit and Plymouth Industrial REIT offer attractive yields, growth potential, and undervaluation amid shifting rate expectations.
  • Looking for more investing ideas like this one? Get them exclusively at iREIT®+HOYA Capital. Learn More »

Green radar screen with a dot on the world map

Gwengoat

Is the Fed going to cut rates?

The market seems to think so.

Currently, the Federal funds rate target range is 5.25% to 5.50%. Market participants believe the odds of a >5.00% rate on December 18, 2024, are zero. That’s down from 60% in June!

This article was written by

119.51K Followers

Brad Thomas has over 30 years of real estate investing experience and has acquired, developed, or brokered over $1B in commercial real estate transactions. He has been featured in Barron's, Bloomberg, Fox Business, and many other media outlets. He's the author of four books, including the latest, REITs For Dummies.

Brad, along with HOYA Capital, lead the investing group iREIT®+HOYA Capital. The service covers REITs, BDCs, MLPs, Preferreds, and other income-oriented alternatives. The team of analysts has a combined 100+ years of experience and includes a former hedge fund manager, due diligence officer, portfolio manager, PhD, military veteran, and advisor to a former U.S. President.

Note: Brad is also related to Nicholas Thomas who contributes to Seeking Alpha.

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Analyst’s Disclosure:I/we have a beneficial long position in the shares of NTST, PLD, REXR, IRET either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Author's Note: Brad Thomas is a Wall Street writer, which means he's not always right with his predictions or recommendations. Since that also applies to his grammar, please excuse any typos you may find. Also, this article is free: written and distributed to assist in research while providing a forum for second-level thinking.

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SymbolLast Price% Chg
NTST--
NETSTREIT Corp.
PLYM--
Plymouth Industrial REIT, Inc.

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