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Avoid the Sears REIT (Nasdaq: SHLD) - But Buy This One
The idea of a Sears REIT (Nasdaq: SHLD) certainly sounds attractive. And the market was intrigued, sending shares up 31% in one day last week. But as tempting as it might be to buy into a new REIT, Sears is doomed.
But what if there was a way to invest in the smartphone shoppers that are stealing Sears' business and make REIT cash at the same time?
The idea of a Sears REIT (Nasdaq: SHLD) certainly sounds attractive. And the market was intrigued, sending shares up 31% in one day last week. But as tempting as it might be to buy into a new REIT, Sears is doomed.
But what if there was a way to invest in the smartphone shoppers that are stealing Sears' business and make REIT cash at the same time?