Rising interest rates have drastically pushed down markets among other things, but one asset class that tends to survive rate increases and inflationary times is real estate investment trusts, or REITs. One major Wall Street brokerage house has some picks in this asset class that it is betting big on.
Barclays has issued a few calls with a focus on lodging REITs. Each call is incredibly positive, forecasting massive upside in both the near and long term.
Anthony Powell was the lead analyst on the call and he noted that lodging REITs have already priced in a typical lodging downturn, and this ultimately presents a buying opportunity.
The post Barclays Is Betting Big on These 7 REITs originally appeared at 24/7 Wall St.