Although the stock market seems to have taken a breather from its incredible bull run of the past several years, many valuations are still on the high end, historically speaking.
One big exception is the real estate sector, where rising interest rates have made real estate investment trusts, or REITs, among the market’s worst performers. Retail and healthcare REITs have performed particularly poorly, thanks to some industry-specific headwinds.
Although these specific REIT subsectors have been beaten down, some could be excellent long-term investments, especially at the current depressed valuations. With that in mind, here are a retail REIT and a healthcare REIT that look quite compelling now.