Investors should consider these REITs to BUY for a BOUNCE as investors digest the news on Toys "R" Us bankruptcy filing:
Retail REITs:
BUY Kimco Realty (KIM) stock price DOWN (20%) year to date
BUY Urban Edge Properties (UE) stock price DOWN (6%) year to date
SELL DDR Corp (DDR) stock price DOWN (35%) year to date
and a single Office REIT:
BUY Vornado Realty Trust (VNO) stock price DOWN (29%) year to date
Last night's announcement of Toys "R" Us Chapter 11 bankruptcy filing need not concern investors in Retail REITs. Investors should take note that Toys "R" Us is not going away; you can still count on their suburban locations, low prices and minimal service for back-to-school, birthday party and holiday shopping.
