REITs are rocketing higher this year because investors are still searching for yield and REITs are less impacted by rising rates than bonds, says Brad Thomas, Editor of The Intelligent REIT Investor. Thomas is bullish on Realty Income because it has not cut its dividend in nearly two decades. He also likes relative newcomer American Realty Capital Properties which pays a 7% dividend. Finally, Thomas is a fan of Chambers Street Properties because of its diversification and monthly dividend.

Disclosure: TheStreet's editorial policy prohibits staff editors and reporters from holding positions in any individual stocks.

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