This Industrial REIT Is on Sale and on Fire. Is Stag Ready to Stage a Rally?
Stag Industrial (NYSE: STAG) could be a very good long-term buy for investors looking for steady monthly income from an established player in an industry that appears to have good prospects going forward. The Boston-based real estate investment trust (REIT) makes its living from renting industrial space nationwide to a mix of clients ranging from air freight logistics to tire distributors, auto component makers, healthcare equipment suppliers, and electronics component manufacturers. Stag has built a nice record of investor return since going its inception in 2011, helping earn it a place in the income-focused part of a stock portfolio.