by Tim Melvin
Tim Melvin picks out two solid income investments from the casino REIT sector, which continue to pay out consistent dividends despite the recession.
Now’s the time to get in on these before they make another run higher, and I’ll tell you why…
by Tim Melvin
Tim Melvin picks out his two favorite casino REITs to buy right now.
Now’s the time to get in on these before they make another run higher, and I’ll tell you why…
One of the most exciting spaces to invest in right now is the gaming and casino REIT industry.
This is a relatively young area of the industry.
And I absolutely love this space because the market doesn't know how to properly value them yet.
That's where our opportunity today lies…
Gaming REITs own casinos and their proximate retail and hotel assets and lease them to gaming operators like Penn National Gaming, Boyd Gaming, and even MGM Properties.
It can take some time for the market to establish a proper trading multiple for new businesses and their assets.
This situation is playing out right in front of our eyes thanks to increasing deal making across the gaming and casino industry.
In fact, gaming REITs are experiencing a "re-rating" process, according to a recent report from Nomura Instinet.
That will make prices in the top three gaming REITs push higher in the months ahead.
Let's talk about this trend and name the three companies...
With interest rates falling, income-hungry investors are turning to high-dividend stocks or paying a heavy price for bonds with declining yields.
However, investors seeking the combination of both income and price appreciation upside should turn to real estate investment trusts (REITs).
REITs remain largely misunderstood. These "alternative" investments target the real estate industry.
But you're not just investing in a single plot, townhome, or apartment complex. It's diversified across a range of sectors. And sometimes, one of those sectors thrives enough to boost the value of the REIT significantly.
But how do we identify the best REITs to own?
Our secret weapon is the proprietary Money Morning Stock VQScore™ system...
