Market Report: This Real Estate Company Is Reporting Dynamite Numbers
Over the last three weeks, we all know that the markets have been tremendously volatile. But despite the intense intra-day price movements, WaveStrength Options Weekly has been handing our readers some really great winners.
For example, our recommendation on United Technologies (UTX:NYSE) from August 1 has hit a maximum gain of 45.71%. Our recommendation on Best Buy (BBY:NYSE) from August 8 has hit a maximum gain of 39.58%. And our recommendation on Exelon (EXC:NYSE) from August 14 has hit a maximum gain of 45.90%.
Needless to say, we’re using the market volatility to our advantage, and that’s why today’s Market Report is so important.
You see, today’s article surrounds a real estate company that just reported dynamite numbers -- and a “hidden” opportunity that’s now available to savvy WOW investors.
Yes, you read the first part of the above sentence correctly.
There is a publicly traded real estate company that’s doing very well right now -- and this presents you with a tremendous opportunity. While every single U.S. homebuilder is reporting dismal numbers, Kimco Realty (KIM:NYSE) just reported a 38% increase in funds from operations -- and this opens the door for you to make 63–135% over the next 6–12 weeks.
With over 143.6 million square feet of lease-able space, Kimco Realty is described as an “equity real estate investment firm” that manages over 1,118 properties in 45 U.S. states plus Canada, Mexico and Puerto Rico. But unlike your typical homebuilder stock, KIM acquires, develops, and manages shopping centers.
As you read this, KIM has over $900 million in new shopping center developments in development, including sites like Mesa Riverview in Mesa, Arizona, Montgomery Plaza in Fort Worth, Texas, Miramar Town Center in Miramar, Florida, and Avenues Walk in Jacksonville, Florida. These developments could sustain KIM’s earnings growth well into next year. Add into the equation the fact that KIM pays a yield of 4.3% and just increased its dividend by 11.1%, and it’s easy to see why our WOW charts are forecasting an upside stock move.
While the entire real estate market pulls each stock within the sector lower, KIM offers you a pocket of strength that’s now trading at bargain levels.
That’s why Adam and I both feel that the specific KIM recommendation that we made today in WOW looks to extend our August winning streak to four for four.
Bryan
