3 REITs to Buy, 1 REIT to Sell in 2024

In this article:

REITs eked out a slight gain in 2023, still drastically underperforming the S&P 500 index. The sector competed with high interest rates, but with the Federal Reserve looking to cut rates multiple times in 2024, that could be the break the real estate sector has been waiting for.

In today's video, I will discuss three REITs I am looking to buy, one being Vici Properties (NYSE: VICI), and one REIT I rate a sell.

Check out this video to learn more, subscribe to the channel, and check out the special offer in the link below.

*Stock prices used were end-of-day prices of Jan. 18, 2024. The video was published on Jan. 19, 2024.

Should you invest $1,000 in Vici Properties right now?

Before you buy stock in Vici Properties, consider this:

The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now... and Vici Properties wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years.

Stock Advisor provides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. The Stock Advisor service has more than tripled the return of S&P 500 since 2002*.

See the 10 stocks

 

*Stock Advisor returns as of January 16, 2024

 

Mark Roussin, CPA has positions in Alexandria Real Estate Equities and Vici Properties. The Motley Fool has positions in and recommends Alexandria Real Estate Equities and Rexford Industrial Realty. The Motley Fool recommends Vici Properties. The Motley Fool has a disclosure policy.

Mark Roussin is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link, they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.

3 REITs to Buy, 1 REIT to Sell in 2024 was originally published by The Motley Fool

Advertisement