Published on 16 Feb 2024 on Benzinga via Yahoo Finance
Investors looking to own winning stocks need to know which sectors are outperforming other sectors when making purchase decisions. With real estate investment trusts (REITs), subsectors go in and out of favor based on economic news, earnings and technical indicators such as being overbought or oversold.
A few months ago, office REITs were trouncing other subsectors. However, over the last week, healthcare REITs have emerged as the new leader among REITs. The healthcare REIT sub sector was not a great overall performer in 2023, but things may be turning around in 2024.