Published on 6 Oct 2024 on Insider Monkey · via Yahoo Finance

Is Apple Hospitality REIT, Inc. (APLE) the Most Undervalued REIT Stock to Buy...

We recently compiled a list of the 8 Most Undervalued REIT Stocks To Buy Now. In this article, we are going to take a look at where Apple Hospitality REIT, Inc. (NYSE:APLE) stands against the other undervalued REIT stocks.

Historically, REITs are a major beneficiary of rate cuts. They tend to outperform markets if cuts are followed by a recession while they perform in line with the S&P in the case of no recession. Laurel Durkay, Morgan Stanley Investment Management head of global listed real assets, previously mentioned to CNBC that the REITs that are going to benefit the most from a rate cut would be net lease companies that would experience an improved acquisition spread and a better cash flow growth as a direct result of the rate cut.