A number of Real Estate Investment Trusts [REITs] have been showing up on my momentum screens the last week as potential buy candidates. A prime example is Brandywine Realty Trust (BDN). The stock has been left for dead by investors with its office building ownership and rental business model. With millions of people working from home during the pandemic, expectations for the office building sector by Wall Street throughout 2020 called for profits and returns to head south over time. What if the pandemic is over by the summer, and tenants continue to occupy offices at rates and rents similar to 2019? My bullish thesis, and apparently the money flow game occurring in the stock during January, is based on an optimistic slant as life inevitably returns to normal.
READ FULL ARTICLE HERE