Top 2 Real Estate Stocks That Could Blast Off This Quarter

In this article:
Top 2 Real Estate Stocks That Could Blast Off This Quarter
Top 2 Real Estate Stocks That Could Blast Off This Quarter

Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below.

The most oversold stocks in the real estate sector presents an opportunity to buy into undervalued companies.

The RSI is a momentum indicator, which compares a stock's strength on days when prices go up to its strength on days when prices go down. When compared to a stock's price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered oversold when the RSI is below 30, according to Benzinga Pro.

Trending Now:

  • A billion-dollar investment strategy with minimums as low as $10 — you can become part of the next big real estate boom today.
    This is a paid advertisement. Carefully consider the investment objectives, risks, charges and expenses of the Fundrise Flagship Fund before investing. This and other information can be found in the Fund's prospectus. Read them carefully before investing.

  • This billion-dollar fund has invested in the next big real estate boom, here's how you can join for $10.
    This is a paid advertisement. Carefully consider the investment objectives, risks, charges and expenses of the Fundrise Flagship Fund before investing. This and other information can be found in the Fund's prospectus. Read them carefully before investing.

Here’s the latest list of major oversold players in this sector, having an RSI near or below 30.

Altisource Asset Management Corp (NYSEAMERICAN: AAMC)

On Aug. 26, Altisource Asset Management announced intention to voluntarily delist and deregister its common stock from the NYSE American LLC. The company’s stock fell around 50% over the past month and has a 52-week low of $1.10.

RSI Value: 27.19

AAMC Price Action: Shares of Altisource Asset Management fell 1.9% to close at $1.28 on Thursday.

Benzinga Pro’s real-time newsfeed alerted to latest AAMC news.

Wheeler Real Estate Investment Trust Inc (NASDAQ:WHLR)

On Aug. 6, Wheeler Real Estate Investment Trust reported its financial and operating results for the three and six months ended June 30 on Form 10-Q. The company’s stock fell around 78% over the past month. It has a 52-week low of $1.02.

RSI Value: 26.52

WHLR Price Action: Shares of Wheeler Real Estate Investment Trust fell 15.2% to close at $1.17 on Thursday.

Benzinga Pro's charting tool helped identify the trend in WHLR stock.

Better Yields Than Some REITs?

The current high-interest-rate environment has created an incredible opportunity for income-seeking investors to earn massive yields, but not through REITs.

Arrived Homes, the Jeff Bezos-backed investment platform has launched its Private Credit Fund, which provides access to a pool of short-term loans backed by residential real estate with a target 7% to 9% net annual yield paid to investors monthly. It paid 8.1% in July. The best part? Unlike other private credit funds, this one has a minimum investment of only $100. 

As long-term rates go down and short-term rates stay high, there’s a unique chance to invest in fix & flip loans before yields drop. Check out Benzinga's favorite high-yield offerings.

This article Top 2 Real Estate Stocks That Could Blast Off This Quarter originally appeared on Benzinga.com

Advertisement