Extra Space Storage, Inc.
" … I would like to challenge someone on this call to write a very thoughtful piece on the Self Storage sector to paint us with the different brush." -- CubeSmart CEO Dean Jernigan Aug. 9, 2013
Mr. Jernigan was trying to point out that self-storage REITs will perform well in a rising interest rate environment that is expected to result from the Federal Reserve "tapering" of quantitative easing. In fact it appears more »
The owner and operator of the largest independent portfolio of wireless communications and broadcast towers in North America, American Tower Corporation (NYSE: AMT), is only up 0.74% year to date, a far cry from the 15.35% return offered by the Dow Jones Industrial Average.
As of September 2012, the company operated a tower portfolio of roughly 50,699 sites in the United States, Mexico, Brazil, Chile, Columbia, India more »
I believe that investors should keep their eyes open for opportunities wherever they might be. Having read Peter Lynch's books multiple times, I tend to keep my eyes open when driving around to try and find new public companies, or ideas for investments. This is sort of what I was thinking when I drove past a Public Storage (NYSE: PSA) facility recently. I've identified three major companies in more »
The most popular small cap stocks, which we define as having market capitalizations of between $1 billion and $5 billion, among hedge funds generate an average excess return of 18 percentage points per year, according to our research on 13F filings. Learn more about our research on small cap picks. We think that this is because these stocks are less widely owned by mutual funds and less frequently covered by more »
A housing turnaround appears to be in the works, with big financial institutions moving into the market. This should help the self storage industry. However, this isn't the only fact that will lend support to that industry over the long term.
A rough week for stocks is the not the most comforting environment for those looking for trading opportunities. But some stocks did manage to trade higher on respectable volume. This week’s winners are Centene (NYSE: CNC), Extra Space Storage (NYSE: EXR), and Tenet Healthcare (NYSE: THC). What has peaked buyer interest?
Extra Space Storage
Volume Buying (multiple of average trading volume)
New more »
Legendary investor Peter Lynch advised individuals to buy shares of the companies whose products were selling at the local mall. He felt that individual investors had an edge on Wall Street analysts in that they could actually see, feel and touch what consumers were buying rather than just gauge the attractiveness of a company from its financial statements. While Lynch, who guided the Fidelity Magellan mutual fund to annualized returns more »
Index creation is the central theme in the development of ETFs. While most financial engineers are creating and back-testing new indexes to be used for the newest concept in ETFs, some have taken the divide an existing approach and see what can be found.
The S&P 600 Small Cap Index is a target of this divide and creation approach. The result was the introduction of the S&P 600 more »
It used the be that "The American Dream" was home ownership.
After the crash in the real estate market during The Great Recession, however, emerging from the brick and mortar rubble has been the "The Rental Generation," according to a recent article in Bloomberg Businessweek. Real estate investment trusts ("REIT") positioned to profit from this development will reward investors with both a high dividend income and strong total return.
REITs more »
Sometimes investors can find value in the most uncommon place. Storage REITs, as boring as they might sound, have been producing outstanding returns over the last two years. Warehouses that let customers store their belongings are becoming rather popular; given that there is limited competition in this space, public storage units have been on a tear as of late as firm-beneficial pricing strategies are being implemented. Extra Space Storage (NYSE: EXRmore »)