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Bottom of the Barrel: Acadia Builds on Stable Growth
If you're a small-cap real estate investor, you may want to take a second look at Acadia Realty (AKR Quote).
When I first featured Acadia in June 2002, the stock was trading around $7 per share. Today it's near $10, as the company executes on its stable, slow-growth strategy. Although it's closer to fair value now than it was then, it still holds potential for patient, income-oriented investors.
Building on a Good Base
...Recent Comments
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,285.97 | 1,091.93 | 2,172.99 | 33.92 |
Oil *
75.40
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DOWN
104.14
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DOWN
11.32
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DOWN
16.62
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DOWN
0.56
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10 Yr
3.39%
SPDR Gold
110.95
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-1.00%
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-1.03%
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-0.76%
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-1.62%
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