While REITs appear to be appropriately valued as a basket, 2018 looks to be an exciting year for selective REIT investment as mispricing is rampant, and there are quite a few REITs that have both cheap valuation and strong fundamentals. Among the handful of REITs with outsized reward to risk, UMH Properties (UMH) stands out as our top pick going into 2018.
The Buy Thesis
UMH is positioned to capture the economic growth of middle America. Prima facie, there are quite a few REITs, such as industrial and apartment REITs that could potentially benefit from this growth, but subtle....More>>>