3 Diversified REIT Gems to Explore

[ETF Daily News]( October 17th, 2023 SPONSORED AD [#1 AI Stock of 2023 (Not NVDA)]( It's not META, NVDA, GOOGL, or AMZN. But thanks to a major deal, this under-the-radar stock could go down as the #1 winner of the A.I. boom. [Click here to learn more...]( [3 Diversified REIT Gems to Explore]( Amid prevailing macroeconomic uncertainty, REITs could be promising investment vehicles as they can offer an efficient and cost-effective means of generating steady income and capital appreciation while diversifying your portfolio. Generally, REITs that invest in various types of real estate have an advantage over REITs that focus on a specific area. Thus, it could be wise to invest in fundamentally sound, top-rated diversified REITs CoreCivic, Inc. ([CXW]( – [Get Rating]( Ladder Capital Corp ([LADR]( – [Get Rating]( and Whitestone REIT ([WSR]( – [Get Rating]( for a stable income stream. The Labor Department reported that the Consumer Price Index (CPI) [increased 0.4% last month]( and 3.7% year-over-year, above respective Dow Jones estimates of 0.3% and 3.6%. The data follows a [stronger-than-expected]( producer price index reading for September. Hot inflation data reignited interest rate fears. Further, U.S. employers turned their back on Fed officials, who were expecting job growth to cool, [adding 336,000 jobs in September]( almost twice the estimate of 170,000 and above the monthly average of 267,000 over the previous year. Also, hiring figures for July and August were revised upward, with employers adding 119,000 more jobs than previously recorded. With solid recent economic data bolstering the case for another interest rate increase, enhanced economic uncertainty, and growing geopolitical instability due to the ongoing conflict between Israel and Hamas, the stock market will likely remain highly volatile in the near term. Amid macroeconomic uncertainties, REITs stand out as a promising investment choice. By law, a REIT must pay at [least 90% of its taxable income to shareholders]( in the form of dividends, providing investors with a passive income option. In addition to a steady income stream, it can diversify a portfolio and act as an inflation hedge through real estate appreciation. Diversified REITs are often considered ideal investment vehicles due to low risk, as companies in this industry primarily own and operate income-producing real estate across a wide range of properties, including retail, industrial, healthcare, and residential buildings, mitigating the risk of losses if a specific sector underperforms. With these favorable trends in mind, let’s delve into… Continue reading at [STOCKNEWS.com]( NOTE: If URLs do not appear as live links in your e-mail program, please cut and paste the full URL into the location or address field of your browser. [Privacy Policy]( | [Terms & Conditions]( This email contains a paid advertisement.This is not a solicitation for the purchase or sale of securities. Readers are encouraged to conduct their own research and due diligence, and/or obtain professional advice, prior to making any investment decision. Advertisements and sponsorships are provided as a service to Stock News users. Stock News is not responsible for their content, services or products. The statements and opinions contained in this advertisement are not those of Stock News, and Stock News disclaims any liability for or arising from such statements and opinions. You are hereby advised that Stock News is receiving a fee as compensation for the distribution of this advertisement. [Click here to unsubscribe]( Copyright © 2023 ETF Daily News, part of StockNews.com - POWR Stock Rating, Market Outlook & Investment Insights Magnifi Communities, 1 Penn Plaza, Suite 3910, New York, NY 10019