This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

REITs Offer a Compelling Anchor and Booyah!

Another strong anchor and booyah play is Healthcare Trust of America (HTA - Get Report). Again, another Cramer pick as he interviewed HTA's CEO, Scott Peters, on Nov. 29. I like Cramer because he knows how to pick the new kids on the block and the stalwart brands.

Scottsdale, Ariz.-based HTA, considered a new kid, listed as a public REIT last year, has begun to carve out a niche in medical office buildings. Just a few days ago Wells Fargo issued an outperform rating on the $2.122 billion (market cap) company with shares trading at $9.90. Wells believes the shares could reach $11.50 (I do too) with a steady and reliable dividend yield of 5.81%.

Booyah loves steady dividends and he certainly picked a great guest when he interviewed Steve Tanger, CEO of Tanger Factory Outlet Centers (SKT - Get Report). Forget the fact that Tanger and I are both Carolina boys. The Greensboro, N.C. company has built an impressive track record of paying dividends. So impressive that Tanger will soon be inducted into S&P's, dividend aristocrat club -- meaning Tanger will have paid consecutive and increased dividends for more than 20 years in a row.

There are just a handful of other REITs that enjoy the same record as Tanger and what is most impressive is the fact that the stalwart performer kept paying (and increasing) during one of the worst economic markets of all time. Tanger, rated BBB by S&P, has a current market cap of $3.212 billion with shares currently trading at $34.20. The dividend yield is a modest 2.46%; however, the company easily beat the S&P 500 performance with a year-over-year total return of 19.8%.

2 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG
HTA $24.26 0.37%
MPW $11.86 -1.40%
SKT $32.16 0.88%
WRI $32.13 0.12%
AAPL $111.67 1.80%

Markets

Chart of I:DJI
DOW 16,522.21 +236.70 1.45%
S&P 500 1,957.94 +17.43 0.90%
NASDAQ 4,741.7170 +44.1810 0.94%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs