According to the ETF Finder at ETF Channel, SKT makes up 3.49% of the iShares FTSE NAREIT Retail Capped Index Fund ETF (RTL) which is up by about 0.6% on the day Friday.
In afternoon trading Friday, SKT was up about 0.4% on the day.
Outlet mall shopping has proven to be pretty resilient despite the growth of e-commerce, and this stock's valuation is cheap versus historic norms.
Jim Cramer is bullish on ConEd, Tanger Factory Outlet Centers; he's bearish on Sunoco.
Cramer's weekly gameplan is about individual stocks, because this is about smart investing and smart stock selection.
These dividend stocks did well in the last recession, but how will they fare in the next one? Here's what their technical charts tell us.