CPT Aug 2024 70.000 put
- Business Wire
Camden Property Trust Announces Participation in Nareit’s REITweek 2024 Investor Conference and Provides Second Quarter 2024 Operating Update
HOUSTON, May 31, 2024--Camden Property Trust (NYSE: CPT) (the "Company") announced today that it will participate in Nareit’s REITweek 2024 Investor Conference which is being held June 3-6, 2024.
- Yahoo Finance Video
Real estate plays: Camden Property vs. Essex Property Trust
On today's Good Buy or Goodbye segment, host Julie Hyman is joined by Wedbush Securities Managing Director of Equity Research Richard Anderson to discuss the top stock picks in the real estate sector. Anderson recommends Camden Property Trust (CPT) as a stock for investors to buy. He acknowledges that the company has short-term exposure to excessive supply but notes, "supply is going to start to hockey stick down" in the coming years, which he says "will be a real good period of time" for the company. Given the region's job growth, he highlights Camden's location in the Sun Belt as a positive factor, meaning more people will move there. On the other hand, Anderson says "goodbye" to Essex Property Trust (ESS). He notes that the company is primarily located on the West Coast, where most workers work from home, posing potential headwinds. Additionally, he points out that the company has limited white-collar growth in the area, and the available jobs do not attract "the types of people ... that might rent an apartment from Essex Property." Lastly, Anderson mentions that there is no visible "recovery opportunity" for the company. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Angel Smith
- Yahoo Finance Video
Affirm stock sinking, Good Buy or Goodbye: Market Domination
Stocks (^DJI, ^IXIC, ^GSPC) search for direction ahead of Wednesday's market close with the Dow Jones Industrial Average holding in the green. After topping fiscal third-quarter revenue estimates and narrowing expected losses per share, Affirm shares (AFRM) are now sinking in the afternoon and analysts have an idea of what the cause is. Tripadvisor (TRIP), Teva Pharmaceutical Industries (TEVA), and Dutch Bros (BROS) are also reporting earnings. Defiance ETFs CEO and CIO Sylvia Jablonski joins Market Domination for the latest installment of Yahoo Finance's Good Buy or Goodbye to talk about the latest trend in clean energy investing: Uranium. Dine Brands (DIN) CEO John Peyton — whose company owns IHOP and Applebee's — discusses consumer spending patterns at his restaurants. This post was written by Luke Carberry Mogan.
