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Zero Hedge: Goldman may be getting ready to upgrade REITs to a buy
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Wednesday, November 11, 2009
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From Zero Hedge:

Just when it seemed that all the stops had been pulled on the REIT juggernaut and nothing else would be able to surprise to the upside, save for Vornado finding an ancient Mayan city made of 24k gold in its back yard, after we read the attached research report on US REITs from Goldman analyst Jonathan Habermann, we have a dead taste in our mouth.

The reason for that is we believe Goldman is within 2-4 weeks of upgrading the entire REIT space to something comparable to a Conviction Buy (not sure if that is possible for an entire industry, but we are confident GS will find a way).

The source of our consternation, the following phrases…

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Topics: REITs | Real Estate | Stocks
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