Within the pages of the June 26, 2015, issue of Grant's, the publication revisited two underachieving stocks that had been picked out previously for their low valuation and attractive qualities.
Grant's: Unloved REIT
Firstly, Monmouth Real Estate Investment Corp., which first appeared in Grant's on Nov. 14, 2014, and then again on June 13, 2014. Monmouth has been a victim of the recent REIT sell-off, although despite these declines, the company’s underlying business continues to perform exceptionally well.
At time of writing, Monmouth’s stock has fallen 11.4% year to date. The market cap. stands at $582 million and the company supports a dividend yield of...
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