Real Estate 2023-03-08: mixed week, Retail least weak and Office most

Office has weakened the past three weeks and is the weakest sub-industry. Mortgage Investment has also weakened the past three weeks. Retail is Average, which leads these sub-industries. All others are Weak.

Many of the most-declining stocks this past week were already at the weakest rating. Examples: Uniti Group/Unit -12% (Diversified Industrial REITs), Anywhere Real Estate/HOUS (Property Management/Development) and American Assets Trust/AAT (Office REITs) both -10%, Ashford Hospitality/AHT -9% (Hotel REITs). However, the weakest stocks are of interest because at times they have the greatest "oversold" "pops" as shorts cover and bargain hunters pounce. Yet, for those - should you be fortunate enough to identify one in time and benefit from an attractive quick increase - remember never to marry a stock you should just date.

Downloadable report

A detailed, stock-by-stock downloadable report is available at the link below.