Today I am looking at some of the best undervalued REITs (real estate investment trusts) that have serious profit potential. These stocks are either at a trough price-wise, or their valuation metrics are very cheap.
For example, many of these REITs are down over 25% year to date. Moreover, their valuation metrics show that their price to funds from operation (FFO) are at low multiples.
Moreover, in most cases, their dividend yields are also high — many of them higher than their average historical yields.
Moreover, the median target price upside is over 17% higher. That shows how much these undervalued REITs could rise over the next year if interest rates eventually peak and then start to decline.
Now, let’s dive in and look at these REITs.
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