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Article: Zacks Industry Outlook Highlights: Avalon Bay and Vornado Realty.(Industry overview)
- Article from:
- Business Wire
- Article date:
- March 17, 2009
CopyrightCOPYRIGHT 2009 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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CHICAGO -- Zacks.com announces the latest Industry Outlook. Today's outlook from Zacks Equity Research analyst Greg Sukenik discusses the REIT sector. Highlighted stocks include: Avalon Bay Communities, Inc. (NYSE: AVB) and Vornado Realty Trust (NYSE: VNO).
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Here is the latest on the REIT sector:
In this environment, we like well-capitalized companies that have adequate liquidity to fund debt through at least 2009. One name we still have Buys on is Avalon Bay Communities, Inc. (NYSE: AVB), an apartment REIT with low ...