(05-04-2020, 01:56 PM)divmenow Wrote: Took a New position in BXP. I figured in this $88 range it was a good long term buy. I have been buying some reits of late. I don'y know where they will head from here but I feel pretty positive buying them at current levels.
Anyone own BXP?
Tomorrow is REIT day for me. O will put some color on who is paying rent or not. I see another large gym chain filed BK today. REITs do look 40-60% off but the story changed. If I sell you an appliance with a big dent in the side for 50% off you got a deal, but you did buy a fridge with a big dent so it's not really 50% off lol. I try to look at fundamentally beat up stocks like that and not get in denial. The old high is irrelevant for now.
LHX is getting closer to interesting. I'll probably hold out for a 2% yield since I can get that from the other high quality defense contractors.